U.S. stock market seven giants closing report | NVIDIA closed down more than 2.6%, gapping down after the Federal Reserve's interest rate cut, and at one point expanded its decline

Wallstreetcn
2025.09.17 20:34

On Wednesday (September 17), the Magnificent 7 index of U.S. tech stocks fell by 0.66%, closing at 195.64 points, remaining in a downward trend throughout the day, trading around the 195-point mark for most of the time. After the Federal Reserve announced an interest rate cut at 02:00 Beijing time, the decline "expanded, forming a W-shaped pattern in the short term" before the press conference by Fed Chairman Jerome Powell ended.

NVIDIA closed down 2.62%, Amazon fell 1.04%, Google A and Meta dropped by up to 0.65%, while Microsoft and Apple rose by up to 0.35%. Tesla increased by 1.01%.

In addition, AMD closed down 0.81%, Eli Lilly fell 0.60%, Berkshire Hathaway Class B shares, owned by Buffett, rose by 0.27%, and TSMC ADR increased by 0.28%

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