In the early morning of the 6th Beijing time, US stocks closed lower on Monday. The US ISM services index unexpectedly rose in November, raising fears that the Fed would continue to aggressively raise interest rates and push the US economy into recession. All three big investment banks have warned that US stocks will continue to fall.

The Dow fell 482.78 points, or 1.40%, to 33947.10; the Nasdaq fell 221.56, or 1.93%, to 11239.94; and the S & P 500 fell 72.86, or 1.79%, to 3998.84.

The ISM non-manufacturing index released by the Institute for supply Management (ISM) rose unexpectedly on Monday, adding to fears that the Fed will continue to aggressively raise interest rates to curb inflation. The report showed that the US ISM non-manufacturing index unexpectedly rose to 56.5 per cent in November, higher than the market forecast of 53.7 per cent. Among the sub-indices, the index of business activity recorded its biggest increase since March 2021.

After the release of the ISM non-manufacturing index, US stocks fell further in intraday trading and Treasury yields rose.

The move comes after Federal Reserve Chairman Powell Powell hinted last week that the Fed may slow the pace of raising interest rates from December. The Fed, which holds a two-day monetary policy meeting on December 13-14, is widely expected to raise interest rates by 50 basis points.

Strong non-farm payrolls data rattled the US stock market on Friday as many investors saw it as a harbinger of high inflationary pressures in the US in the future, forcing the Fed to stick to its hawkish policy stance.

Traders noted the first signs that the Fed's sharp rate hikes are starting to hit companies hard. Leveraged loans in the United States indicate that the quality of corporate credit is deteriorating, according to a survey.

The champion of US stock turnover on Monday$Tesla (TSLA.US)$It closed down 6.37% on a turnover of US $17.17 billion.Tesla, Inc. officials said the rumors that "Tesla, Inc. 's Shanghai factory would take the initiative to cut production by 20 per cent" were "false information". Meanwhile, according to sales figures released by Tesla, Inc. on the evening of December 5, Tesla, Inc. delivered more than 100000 vehicles in the Chinese market in November, an increase of about 40 per cent month-on-month and 89 per cent year-on-year.

In addition, Tesla, Inc. CEO Musk said on Twitter that he is at great risk of being assassinated. Musk, who participated in a two-hour online conversation on Twitter on Saturday, told the audience that he would definitely not take part in any open-air car parade. Musk explained: "frankly, the risk of bad things happening, even the risk of being shot, is quite high." "

Second place$Apple (AAPL.US)$It closed down 0.8% on a turnover of $10.15 billion.According to reports, Apple Inc and NVIDIA Corp will become the first customers of Taiwan Semiconductor Manufacturing Co Ltd's chip factory in Arizona. It is reported that the plant will start production by the end of next year at the earliest. It was reported that Taiwan Semiconductor Manufacturing Co Ltd would produce 4nm chips at its Arizona plant in 2024 at the urging of several customers, and the company is expected to announce the new plan on Tuesday.

Third place$Amazon (AMZN.US)$Closed down 3.31% to close at $6.57 billion。It was reported on Saturday that Amazon.Com Inc and Apple Inc planned to resume advertising on Twitter. A Platformer News reporter said on Twitter on Saturday that Amazon.Com Inc plans to resume advertising on Twitter at a price of about $100m a year, waiting to make some security adjustments to the company's advertising platform. But a person familiar with the matter told the media that Amazon.Com Inc never stopped advertising on Twitter.

Amazon.Com Inc plans to cut 20, 000 employees in various departments in the coming months, including distribution center employees, technicians and executives, twice as many as previously reported, according to media reports.

The report quoted anonymous sources as saying that Amazon.Com Inc's employees were rated from level 1 to level 7, and employees at all levels may be affected. In recent days, Amazon.Com Inc has asked managers to identify employee performance problems, if the final layoffs are 20, 000, accounting for about 6% of the company's total employees.

In fourth place, NVIDIA Corp closed down 1.58%, with a turnover of US $5.88 billion.

In fifth place, Microsoft Corp closed down 1.89%, with a turnover of US $5.87 billion. Keith Weiss, an analyst at Morgan Stanley, said that strong and sustained demand for Microsoft Corp will help it achieve revenue and earnings growth in the second half of next year, making its shares more attractive. He has a "overweight" rating on Microsoft Corp, with a target price of $307, which is nearly 20 per cent higher than the current share price.

No. 6 Meta Platforms closed down 0.86%, with a turnover of $4.35 billion. The New Zealand government says it will introduce a law requiring large companies such as Alphabet Inc-CL C and Facebook Inc, owned by Meta Platforms, to pay for local news content that appears on their websites. New Zealand Broadcasting Minister Willie Jackson said in a statement on Sunday that the legislation would be modelled on Australian and Canadian laws. The new legislation will be voted on in parliament and the ruling Labor Party is expected to be passed by a majority.

BABA, No. 8, earned 0.51% higher, with a turnover of US $2.8 billion.

In ninth place, FTSE closed down 7.35%, with a turnover of $2.77 billion. Stewart Butterfield, chief executive of Slack, will step down from Safari, the media reported on Monday. Slack is a subsidiary of Saifu time.

Citi said in a research report that it had cut its FTSE target price to $164 from $170 and maintained its "neutral" rating on the stock. Analyst Tyler Radke said that with the departure of management and the loss of key partner Veeva (VEEV), the continued weak front-end demand trend pushed growth to single digits. Radke believes that after the release of the third-quarter results, "increased uncertainty", especially the lack of 2024 performance guidance.

In 10th place, Netflix Inc closed down 2.44%, with a turnover of US $2.66 billion.

In 11th place, Bank of America Corporation closed down 4.46%, with a turnover of US $2.48 billion. According to reports, Citigroup Inc and Bank of America Corporation are considering cutting this year's bonus pool by as much as 30%, and Goldman Sachs Group's bonus is expected to be cut by two hundreds of points. In addition, JPMorgan Chase & Co is also planning to cut bonuses

Boeing Co, 16th, closed 1.22% higher, with a turnover of US $1.94 billion. According to reports, United Airlines is in late-stage negotiations with Boeing Co and Airbus to order narrow-body and wide-body aircraft to strengthen its fleet. United is considering ordering more than 100 Boeing 787 Dreamliners, according to people familiar with the matter.

The agreement with Boeing Co is likely to include clear orders and commitments, with the initial part expected to be announced within weeks, but final terms and timing have yet to be determined, according to people familiar with the matter.

In 19th place, Pinduoduo closed 1.69% higher, with a turnover of US $1.71 billion.

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