U.S. major stock indices all close lower; large tech stocks mostly decline

People’s Financial News, February 13 — The three major U.S. stock indices all closed lower on the 12th. The Dow Jones Industrial Average fell 1.34%, the Nasdaq dropped 2.03%, and the S&P 500 declined 1.57%. Large technology stocks mostly declined, with Apple down 5%, Broadcom down over 3%, Amazon, Meta, and Tesla each falling more than 2%. Chinese concept stocks generally declined, with the Nasdaq China Golden Dragon Index dropping 3%, Tencent Music down over 10%, and Pinduoduo down over 4%.

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