In the early morning of the 23rd Beijing time, US stocks closed sharply lower on Friday. The Dow posted its biggest one-day decline so far this year. Us bond yields continue to rise. Investors are still following the hawkish comments of Jerome Powell, chairman of the Federal Reserve. Most of the new US stock market earnings reports are disappointing.

The Dow closed down 981.36 points, or 2.82%, at 33811.40; the Nasdaq fell 335.36 points, or 2.55%, to 12839.29; and the S & P 500 fell 121.88 points, or 2.77%, to 4271.78.

The Dow fell 1.85% this week, its fourth consecutive week of decline. The s & p 500 is down 2.75% this week, while the Nasdaq is down 3.83% for the third consecutive week.

Treasury yields continued to climb on Friday. At one point, the yield on the 10-year Treasury note rose to 2.944%, the highest since December 4, 2018. The yield on five-year Treasuries rose to 3.049 per cent and the yield on two-year Treasuries rose to 2.7620 per cent, the highest level since the end of 2018.

Investors continued to evaluate Federal Reserve Chairman Powell's comments on Thursday about accelerating interest rate hikes to reduce inflation. Powell also hinted that interest rates could be raised by 50 basis points in May.

The champion of US stock turnover on Friday$Tesla, Inc. (TSLA.US) $It closed down 0.37% on a turnover of US $23.534 billion. As part of his attempt to buy Twitter, Tesla, Inc. CEO Musk has set up three holding companies, which may provide a way for him to put all his commercial enterprises under a single parent company. Records submitted by Mr Musk to Delaware show that the three holding companies, each with the word X Holdings in its name, were established in the state this week. Musk considered creating a parent company as early as 2012, and in 2020, he said it was a good idea to name it "X".

Second place$Apple Inc (AAPL.US) $The company closed down 2.78% on a turnover of $13.935 billion. Apple Inc shares are a good haven for investors at a time of market turmoil, Deutsche Securities said in a research report on Friday.

No. 6$Netflix Inc (NFLX.US) $It closed down 1.24% on a turnover of $8.116 billion. To recover its losses, Netflix may be prepared to target viewers who share other people's accounts to watch its online shows for free. Hastings, co-chief executive of Netflix, revealed that the company estimates that there are about 100m "unpaid households" worldwide, compared with more than 200m paying users. This means that one in three Netflix viewers is unpaid.

No. 8$Meta Platforms (FB.US) $It closed down 2.11% on a turnover of US $6.788 billion. Daniel Salmon, an analyst at Bank of Montreal, told investors in a research note that visibility of Meta's near-term outlook was still low, but at current levels, he "would not strongly object" to the idea of buying, adding that Meta remained an important online advertising destination. However, Salmon still pointed out that the possibility of a continuous decline in daily active users makes it possible for the stock to contract further.

11th place$Twitter (TWTR.US) $It closed 3.93% higher, with a transaction of $3.7 billion. Musk has received about $46.5 billion in financing debt commitments to help acquire Twitter, according to form 13D submitted by Musk to SEC.

Mr Musk himself pledged $33.5 billion, including $21 billion in equity financing and $12.5 billion in margin loans secured by Tesla, Inc. shares, to finance the deal, according to the document. In addition, several banks, including Morgan Stanley, agreed to provide another $13 billion.

It is also reported that 18 Republican members of the US Congress are worried about Musk's Twitter acquisition in many ways, and they jointly wrote to the Twitter board asking it to keep all records related to Musk's acquisition for future investigation. The letter also stresses that Twitter's board members have a fiduciary duty to shareholders.

12th place$Verizon Communications Inc (VZ.US) $It closed down 5.64% on a turnover of US $2.339 billion. The company said it lost an average of 36000 phone subscribers per month in the first quarter, while service and other revenue fell by 2.5%, adding that the loss of revenue from Verizon Media exceeded the increase in TracFone. Weixun also lowered its service and other revenue guidance for 2022.

15th place$BABA (BABA.US) $It closed 0.58% higher, with a transaction of 2.218 billion US dollars.

19th place$HCA Medical (HCA.US) $It closed down 21.82% on a turnover of US $1.959 billion. The company's full-year earnings and revenue guidelines are disappointing.

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