In the first trading day of Trump's official offering of 25 billion tariff knives to China's $two billion commodity, the US stock market once again showed a scene of maniac killing. On the 13th, the Dow Jones Industrial Index fell 617.38 points, or 2.38 percent; the S&P 500 index fell 69.53 points, or 2.41 percent; others, such as the Philadelphia Semiconductor Index, fell 4.73 percent; the Nasdaq Index, fell 3.41 percent; and Apple's share price, the most concerned stock market, fell 5.81 percent, or $11.46, to close at 1 percent. It's $85.72 and has a market value of $845.412 billion.
** The U.S. bull market is over and the big short is coming **
The storms in the US stock market once again haunt us with the stock market disaster in the fourth quarter of last year. The Sino-US trade war intensified in the fourth quarter of last year. Both sides refused to give in, resulting in the global stock market disaster in the fourth quarter. The Dow Jones Industrial Average fell by 1342.55 points in October, a drop of 5.07%. It rebounded slightly in November and fell by 2211 points in December, a drop of 8.66%. Especially on the eve of Christmas, the Dow Jones Industrial Average fell by 3746.26 points, a decline of 14.67%. Throughout the fourth quarter, the Nasdaq index fell 17.6% from 8046.35 to 6629.19, the NBI Biotechnology Index fell 20.8%, and the Philadelphia Semiconductor Index fell to 1156.81, a decline of 15.4%.
The six major U.S. indices all fell below the annual line in the fourth quarter, and with the sharp fall in December last year, the U.S. stock market decided to end its 10-year bull market and the big short is coming, which is also the key to the high pessimism of the market for 2019. In particular, on January 2, Apple issued a profit warning. Apple announced revenue of $84.3 billion, gross profit margin of 38%, Apple's stock price fell by 96% on that day. The Dow Jones Industrial Index also fell by 660.02 points on that day. Apple fell heavily and predicted the pessimistic start of 2019.
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