In the early morning of the 19th, Beijing time, U. S. stocks closed lower on Tuesday. Treasury yields rose sharply, putting pressure on high-growth technology stocks. The market continues to pay attention to U. S. stock earnings and M & A news. Microsoft Corp is rumored to be buying Activision Blizzard for $68.7 billion in all-cash, while Unilever offered 50 billion pounds for GSK's consumer health business.

The Dow fell 543.34 points, or 1.51%, to 35368.47; the Nasdaq fell 386.86, or 2.60%, to 14506.90; and the S & P 500 fell 85.74, or 1.84%, to 4577.11.

Treasury yields rose sharply on Tuesday. At one point, the yield on the 10-year Treasury note rose to 1.86%, a two-year high. The yield on the two-year Treasury note, which reflects the outlook for Fed policy, has exceeded 1.04 per cent.

Affected by the rise in treasury bond yields, large-scale US technology stocks, such as Tesla, Inc., NVIDIA Corp, Alphabet Inc-CL C, Amazon.Com Inc, Meta Platforms, Microsoft Corp, Apple Inc, and so on, generally fell.

On Tuesday, Tesla, Inc., the champion of US stock turnover, closed down 1.8% to US $23.23 billion.Credit Suisse analyst Dan Levy raised Tesla, Inc. 's target price to $1025 from $830 and maintained a "neutral" rating on the stock. He believes that favorable fundamentals will continue to support Tesla, Inc. 's share price and predicts that the company's fourth-quarter earnings per share will be higher than widely expected.

In addition, Tesla, Inc. CEO Musk clarified on social media on Tuesday that the rumors that he would visit the Berlin factory this week were not true. He himself will visit Berlin in mid-February.

Apple Inc, second in turnover, closed down 1.9%, with a turnover of US $15.52 billion.Apple Inc warned in a letter to lawmakers on Tuesday that the antitrust bill under consideration in the Senate would increase the risk of security breaches for iPhone users, in part because it could force the company to allow apps to be downloaded outside App Store.

"these bills put consumers at risk because of the real risk of privacy and security breaches," Timothy Powderly, senior director of government affairs at Apple Inc, wrote in a letter to the Senate Judiciary Committee.

Microsoft Corp, third in turnover, closed down 2.4%, with a turnover of US $12.89 billion.Microsoft Corp acquired Activision Blizzard for $68.7 billion in all-cash, merging the two giants in the video game field. This is the largest deal ever made by Microsoft Corp, almost three times the number of LinkedIn acquisitions in 2016.

Microsoft Corp said the acquisition of Activision Blizzard is expected to be completed in fiscal year 2023 and has been approved by Microsoft Corp and Activision Blizzard's board of directors.

Activision Blizzard, the target of Microsoft Corp's acquisition, ranked sixth in today's US stock turnover, closing 25.9 per cent higher at $10.07 billion.

No. 7 AMD closed down 3.6%, with a turnover of $7.56 billion.According to Tesla, Inc. 's owner, the 2022 Tesla, Inc. Model 3 rear-drive version has been replaced with an AMD Ryzen chip. Brokerage Cowen raised its target price for AMD to $150 from $145.

Eighth place Meta Platforms closed down 4.1%, with a turnover of US $7.24 billion.The company's headset Oculus business has been investigated by several states in the United States.

In ninth place, JPMorgan Chase & Co closed down 4.2%, with a turnover of US $4.9 billion.KBW, a rating agency, cut JPMorgan's target price to $157from $166,

In 11th place, Goldman Sachs Group closed down 7%, with a turnover of US $4.6 billion.Goldman Sachs Group released its Q4 results for fiscal 2021 on Tuesday, with net revenue of $12.64 billion in the fourth quarter, up 8% from a year earlier, with a market estimate of $12.01 billion. However, due to soaring operating expenses, net profit fell short of market expectations.

In 14th place, Bank of America Corporation closed down 3.4%, with a turnover of US $3.07 billion.Bank of America Corporation will release fourth-quarter results ahead of U. S. stocks on Wednesday. On Wall Street, Bank of America Corporation is widely expected to earn 77 cents a share, compared with 59 cents a share a year earlier, on revenue of $22.36 billion and $20.21 billion a year earlier.

Exxon Mobil Corp, the 17th oil giant, closed 1.7% higher with a turnover of US $2.4 billion.WTI crude oil futures prices in the United States hit an eight-year closing high on Tuesday. Driven by this, the U. S. stock oil and gas plate generally rose.

The following are the 20 most actively traded stocks of the day (by turnover):