In the early morning of the 18th Beijing time, US stocks closed lower on Wednesday. The minutes of the Fed's July meeting show that many members are worried that monetary policy will tighten too much and that the pace of raising interest rates will slow at some point in the future. Treasury yields climbed. Retail sales were flat in July from a month earlier, hitting a 12-month low.

The Dow fell 171.69 points, or 0.5%, to 33980.32; the Nasdaq fell 164.43, or 1.25%, to 12938.12; and the S & P 500 fell 31.16, or 0.72%, to 4274.04.

The Federal Reserve released the minutes of its July monetary policy meeting at 2 p.m. EDT on Wednesday. According to the minutes, many committee members believe that the Fed still needs to tighten monetary policy, but the pace of raising interest rates will slow at some point.

Participants agreed that there was "little evidence" that inflationary pressures were abating and that it would take a long time to resolve the problem.

After the release of the minutes of the Fed meeting, the October contract for federal funds futures was at 97.05, suggesting that the market believes that the probability of the Fed raising interest rates by 50 basis points at the September meeting is roughly the same as that of 75 basis points.

Overall retail sales were flat in July from a month earlier, after a revised 0.8 per cent increase in June, according to data released by the commerce department on Wednesday. Excluding gasoline, retail sales rose 0.2% in July. These figures are not adjusted for inflation. The median forecast by economists was a 0.1 per cent increase in retail sales.

The champion of US stock turnover on Wednesday$Tesla, Inc. (TSLA.US) $It closed down 0.84% to close at $20.887 billion.Tesla, Inc. CEO Musk said on social media on Tuesday night local time that "I want to buy Manchester United, you're welcome", but quickly clarified that he was only joking, saying that "buying Manchester United" was an old Terrier on Twitter and that he would not buy any sports team.

Musk then said on social media that if he did buy a sports team, Manchester United would be his first choice. "they were my favorite team when I was a kid," he said.

Second place$Apple Inc (AAPL.US) $It closed 0.88% higher, with a transaction of $13.84 billion.Apple Inc plans to hold a series of iPhone 14 conferences on Sept. 7. The new iPhone will start a busy autumn product season, which will also include a number of new Mac computers, low-end and high-end iPad, and three Apple Watch models.

It is also reported that Apple Inc is discussing the first production of Apple Inc watches Apple Watch and Apple Inc computer MacBook in Vietnam. Apple Inc suppliers Lixun Precision and Foxconn have launched test production in northern Vietnam, according to three people familiar with the matter.

No. 5$3B (BBBY.US) $It closed 11.77% higher, with a turnover of $6.657 billion.The stock has risen for the sixth day in a row, up 135.75% on the 6th. In addition, the stock has been in the top 10 of US stock turnover for three consecutive days.

No. 10$Target Corp (TGT.US) $It closed down 2.69% on a turnover of US $2.346 billion.Target Corp's total revenue in the second quarter was $26.037 billion, up 3.5% from a year earlier, below market expectations; net profit was $183 million, down 89.9% from a year earlier; diluted earnings per share were $0.39, below market expectations, compared with $3.65 a year earlier.

Target Corp's comparable sales increased by 2.6% in the second quarter, below market expectations of 2.8%. Comparable sales in brick-and-mortar stores increased by 1.3%, and comparable sales by 9.0%. Strong product categories in the second quarter include food and beverage, beauty and household necessities.

14th Singapore e-commerce company$Sea (SE.US) $It closed down 6.38% on a turnover of US $1.564 billion.The company's second-quarter net loss widened to $931.2 million and withdrew its 2022 e-commerce revenue guidance. Sea, once the most valuable company in south-east Asia, has fallen nearly 80 per cent since its peak in October.

After Sea released its results, a number of big banks lowered their target prices. Brokerage Cowen lowered its target price to $106from $115,100, JPMorgan Chase & Co lowered its target price to $85 from $91 and Jeffery lowered its target price to $110from $145a. Steinfer lowered his target price to $95 from $105, but maintained his buy rating on the stock.

16th place$AMC cinema line (AMC.US) $It closed down 13.91% on a turnover of US $1.353 billion.The stock has risen sharply in the last two weeks.

No. 17 Chinese listed stocks$BABA (BABA.US) $It closed down 3.11% on a turnover of $1.312 billion.

No. 20$Block (SQ.US) $It closed down 6.46% on a turnover of $1.247 billion.Daiwa Securities analyst Kazuya Nishimura reiterated that Block's stock is rated as "outperforming the market" based on long-term growth prospects and short-term gains driven by cost control.

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