According to Zhitong Finance APP, on Friday, most growth tech stocks fell, as of the time of writing, alibaba (BABA.US) declined over 3%, asml holding (ASML.US) and amazon (AMZN.US) fell 2.8%, nvidia (NVDA.US) dropped 1.6%, and intel (INTC.US) fell 1.1%. On the news front, the usa Census Bureau released October retail sales data that was slightly above expectations. Combined with the previous two days' inflation data exceeding expectations, it further reinforced the impression that the Federal Reserve does not need to rush to cut interest rates. The data shows that the seasonally adjusted estimate of usa retail and food service sales for October is $718.9 billion, rising 0.4% month-on-month (market consensus expected 0.3%) and up 2.8% year-on-year. It is worth mentioning that the Census Bureau also revised the month-on-month growth rate of September retail data from 0.4% to 0.8%.