In the early morning of the 6th Beijing time, US stocks closed lower on Wednesday. The market is still debating whether Fed policy will turn. Us ADP employment in September was slightly higher than expected, and the probability of the Fed raising interest rates by 75 basis points in November rose slightly after the data were released.

The Dow fell 42.45 points, or 0.14%, to 30273.87; the Nasdaq fell 27.77, or 0.25%, to 11148.64; and the S & P 500 fell 7.65, or 0.20%, to 3783.28.

Before Wednesday, U. S. stocks had recorded two consecutive days of gains. The recently released weak job vacancy data has led many investors to speculate that the Fed may slow the pace of raising interest rates.

On Wednesday, Tesla, Inc., the US stock trading champion, closed down 3.46% to $20.49 billion. Tesla, Inc. CEO Elon Musk confirmed that he sent a letter to Twitter to press ahead with a deal to buy Twitter for $54.20 a share. He said he intended to continue to close the deal. Musk said in the letter that the proposal would depend on the postponement of the trial.

Musk and Twitter's legal team have not yet reached an agreement to end the lawsuit, according to people familiar with the matter.

In second place, Apple Inc Company closed up 0.21%, with a transaction of US $11.48 billion. The European Parliament has passed a regulation requiring all newly manufactured portable smart devices, such as mobile phones and tablets, to use the USB-C charging interface from 2024. This means that starting from the fall of 2024, all iPhone sold by Apple Inc in the European market will have a USB-C interface.

The new rules will make the USB-C interface commonly used in Android devices a unified standard in the 27 countries of the European Union, forcing Apple Inc to change the inherent charging interface of iPhone and other devices. The new regulations also require laptops to adopt a unified USB-C interface from 2026, giving device manufacturers a longer time to adapt.

The European Commission estimates that a unified charging interface could save consumers about 250 million euros ($247.3 million).

In fifth place, Amazon.Com Inc closed down 0.12%, with a turnover of US $5.727 billion. Amazon.Com Inc said Wednesday it plans to invest $150 million in companies that support a small number of founders. The online retailer said it plans to invest in more than 10 funds by 2023 to support about 200 companies that are in or have not yet entered the seed stage of investment.

No. 7 Meta Platforms closed down 0.93%, with a turnover of US $3.82 billion. According to market news, Facebook Inc's parent company, Meta Platforms, is planning to close an office in New York after scaling back its expansion plans in New York. Sources said that the company is exercising its option to terminate the lease of 225 Park Avenue South in Manhattan.

Earlier, it was reported that Meta Platforms would close an office in New York and prepare for layoffs.

A few days ago, the media revealed that Meta CEO Zuckerberg outlined a comprehensive plan for team restructuring and layoffs for the first time, saying that this would be the first major budget cut since Facebook Inc was founded in 2004, and that the company would freeze recruitment and restructure some teams to cut costs and realign priorities. Zuckerberg said the company will be smaller by the end of 2023.

Zuckerberg warned in July that Meta would "steadily slow employee growth" and that "many teams will downsize in order to shift their energies to other areas."

Bank of America Securities analyst Justin Post lowered the META target price to $196 and maintained its buy rating.

No. 8 Twitter closed down 1.31% with a turnover of $3.76 billion. It is reported that Twitter and Musk will hold talks on a potential merger agreement on Oct. 5, and an agreement could be reached as early as Wednesday.

Vertical Group analyst Phil Leggiere downgraded Twitter to "neutral" from "buy". While Mr Musk re-proposed to complete the deal reached in the April 25 merger agreement at the original offer of $54.2 a share, analysts said the lack of transparency in the management and ownership of the Twitter platform in the future, coupled with the macroeconomic headwinds facing the industry as a whole, limited the use and growth of new Twitter features.

In ninth place, Exxon Mobil Corp Company closed up 4.04%, with a transaction of US $3.39 billion. Crude oil prices rose on Wednesday, driving crude oil stocks higher after OPEC+ agreed to cut crude oil production by 2 million barrels a day. The 14th western oil company closed 2.37% higher with a turnover of $1.7 billion. Chevron Corp, 15th, closed 0.57% higher, with a turnover of US $1.67 billion.

Enphase Energy, the 10th provider of solar miniature inverters, closed down 9.25% on a turnover of $3.13 billion.

ConocoPhillips, 19th place, closed 0.27% higher with a turnover of US $1.15 billion. Analysts expect the company's earnings to exceed expectations.

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