In the early morning of the 10th Beijing time, US stocks closed sharply lower on Thursday. The market is waiting for Friday's CPI inflation data. The number of people claiming unemployment benefits in the United States hit a five-month high last week. The ECB will keep interest rates unchanged and will raise interest rates and stop net asset purchases from July.

The Dow fell 638.11 points, or 1.94%, to 32272.79; the Nasdaq fell 332.05, or 2.75%, to 11754.23; and the S & P 500 fell 97.95, or 2.38%, to 4017.82.

The European Central Bank announced on Thursday that it would leave interest rates unchanged and would stop its net asset purchase program from July 1, while making it clear that it would raise interest rates by 25 basis points at its July policy meeting. The ECB also said that if inflation does not improve by September, it will raise interest rates further at its September meeting and is likely to opt for bigger measures.

On Thursday, the U.S. Labor Department reported that first-time claims for unemployment benefits rose to 229000 in the week ended June 4, the highest level in nearly five months. The market is expected to be 210000. The figure released last week was 200000.

The focus has shifted to the US Consumer Price Index (CPI) data released on Friday. The White House has said it expects inflationary pressures in the United States to "rise further." Economists expect annual inflation to be 8.3%.

On Thursday, Tesla, Inc., the champion of US stock turnover, fell 0.89% to US $23.87 billion.After weeks of stalemate, Twitter's board plans to comply with Musk's request to provide access to its entire "Firehouse" database, posting data streams of more than 500m tweets a day, according to media reports.

Musk had previously asked Twitter to provide spam and fake account data on the condition of terminating the $44 billion acquisition agreement, and allowed him to conduct an independent evaluation.

It is also reported that the National Highway Traffic Safety Administration (NHTSA) launched an investigation into 830000 Tesla, Inc. cars. The investigation is said to focus on its autopilot function, Autopilot. After a series of Tesla, Inc. car accidents, NHTSA conducted a preliminary evaluation of 765000 vehicles in August last year to assess the performance of the system. NHTSA is now upgrading its investigation to engineering analysis, a necessary step before it seeks a mandatory recall.

In second place, Apple Inc Company closed down 3.6%, with a turnover of US $10.09 billion.It is said that Apple Inc will launch a 12-inch laptop by the end of 2023 or early 2024.

BABA, the No. 4 Chinese stock, closed down 8.13%, with a turnover of US $8.24 billion. The stock jumped 14.67 per cent yesterday.

The eighth Meta Platforms closed down 6.43%, with a turnover of US $4.48 billion.Meta Platforms announced that its shares will be traded on Nasdaq under the symbol META from Thursday. The stock, previously marked FB, has been in use since IPO in 2012 until Wednesday's close. The new ticker reflects the company's rebranding and meta-cosmic business development that changed its name from Facebook Inc to Meta Platforms last October.

In 10th place, Exxon Mobil Corp closed down 2.16%, with a turnover of US $2.76 billion.U. S. oil and gas stocks generally fell on Thursday. The 14th Western oil company closed down 5.4%, with a turnover of $1.68 billion. Chevron Corp, 15th, closed down 1.99%, with a turnover of US $1.68 billion.

In 12th place, NXP closed up 4.04% with a turnover of US $1.91 billion.It is reported that Samsung Vice President Lee Jae-yong may discuss mergers and acquisitions during his trip to Europe, following rumors of interest in buying Infineon and NXP. NXP is one of the top 10 analog chip companies in the world.

The 19th Block closed down 9.64%, with a turnover of $1.55 billion. The stock has fallen more than 50 per cent so far this year.

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