In the early morning of the 24th Beijing time, US stocks closed lower on Wednesday, with the Dow closing at its lowest level so far in 2022, and the S & P 500 recorded its fourth consecutive day of decline. The market continues to pay close attention to the development of the situation in Russia and Ukraine. Sanctions against Russia have been less aggressive than expected, with Russia saying it is still ready to seek a "diplomatic solution".

The Dow closed down 464.85 points, or 1.38%, at 33131.76; the Nasdaq fell 344.03, or 2.57%, to 13037.49; and the S & P 500 fell 79.26, or 1.84%, to 4225.50.

By Wednesday's close, the s & p 500 had fallen 12% from its recent high set on Jan. 3, indicating that the index continued to fall after falling into the correction zone.

The market is still closely watching the development of tensions between Russia and Ukraine. Russian President Vladimir Putin signed an order this evening recognizing the "people's Republic of Donetsk" and "Luhansk people's Republic" in eastern Ukraine. On 22 February, the Russian Federation Council (the upper house of parliament) adopted a resolution authorizing President Putin to use federal forces outside Russia.

After rising tensions between Russia and Ukraine, the United States, Germany, Canada, Australia and Japan also announced sanctions against Russia one after another.

Tesla, Inc., the champion of US stock turnover, closed down 7% on Wednesday with a turnover of US $24.811 billion.Tesla, Inc. CEO Musk again accused US President Joe Biden of ignoring Tesla, Inc. and focusing more on traditional carmakers. But Musk also tried to reassure White House officials that he would not do anything embarrassing or say embarrassing things if he was invited to speak at White House events, which is exactly what the White House is worried about. In addition, Musk said on Wednesday that he was glad to see that the Justice Department was investigating short sellers.

In second place, Apple Inc closed down 2.59%, with a turnover of US $14.535 billion.Vestager, the EU's head of antitrust affairs known as the "Silicon Valley policewoman", warned that Apple Inc and other tech giants were choosing to pay fines rather than obey orders they did not like. "some gatekeeping measures may be bypassed by these tech giants or used to buy time," she said. One example is Apple Inc's recent behaviour in the Netherlands, where the company would rather pay fines on a regular basis than comply with an antitrust order in the Netherlands to provide alternative app payment methods. "

Dutch antitrust regulators recently fined Apple Inc 25 million euros for failing to fully comply with an order in December to provide payment channels outside Apple Inc's app store to dating app service providers. The Dutch Consumer and Market Administration has begun fining the company 5 million euros a week.

In third place, Advanced Micro Devices Inc closed down 5.1%, with a turnover of US $13.602 billion.Bernstein analyst Stacy Rasgon upgraded the AMD rating to outperform the market, with a target price of $150. Rasgon said: "this is no longer the AMD of 10 years ago, continued excellent execution, growing profitability, coupled with the recent sharp correction in valuations, this is the highest rating we have given to the stock in nearly a decade. "

In fourth place, NVIDIA Corp closed down 4.3%, with a turnover of US $13.006 billion.Bank of America said NVIDIA Corp continued to benefit from the GPU upgrade cycle, giving it a "buy" rating. Arya said NVIDIA Corp was likely to continue to benefit because the graphics chip market was "still in the early stages of the upgrade cycle" and should see stronger growth in the second half of the year as supply and product mix improved.

In sixth place, Amazon.Com Inc closed down 3.6%, with a turnover of US $9.412 billion.Amazon.Com Inc filed a lawsuit on Tuesday against AppSally and Rebatest, two companies suspected of acting as agents for false comments. The lawsuit accuses the two companies of promoting false comments in Amazon.Com Inc's online market. The two companies are said to have arranged to publish motivational and misleading product reviews in exchange for money or free products.

Amazon.Com Inc said in a statement that the lawsuit was aimed at shutting down two major false comment agencies. It is understood that the two companies claim to have more than 900000 members who write fake reviews.

In 11th place, BABA closed down 2.84%, with a turnover of US $2.714 billion.

In 14th place, Chevron Corp closed 2.4% higher, with a turnover of US $2.177 billion.Chevron Corp is seeking to sell its stakes in three oil and gas fields in Equatorial Guinea and hopes the recent rebound in energy prices will help attract buyers, according to three industry sources. Chevron Corp has hired Jeffery, an investment bank, to handle the asset sale, which could raise $1 billion, according to sources.

The decision to sell Equatorial Guinean assets comes as Chevron Corp focuses on its most profitable production centers, including Permian shale basins in the United States and Kazakhstan, the sources said.

In 17th place, Lowe's Companies Inc closed up 0.23%, with a turnover of US $1.97 billion.Lowe's Companies Inc's fourth-quarter sales rose 5% from a year earlier to $21.339 billion, exceeding market expectations. Net profit was $1.206 billion, compared with $978 million a year earlier. Diluted earnings per share were $1.78, beating market expectations and $1.32 a year earlier.

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