March 10 news, U. S. time on Thursday, U. S. stocks closed across the main stock index fell sharply, technology stocks led the decline. Investors are waiting for February's non-farm payrolls data, which could affect the extent of interest rate hikes at the Fed's next meeting.

The Dow Jones index closed down 543.54 points, or 1.66%, at 32254.86, its lowest level since November 3, 2022; the standard & poor's index closed at 3918.32, down 1.85%; and the Nasdaq index closed at 11338.35, down 2.05%.

Large technology stocks generally fell, with Netflix down more than 4 per cent, Google more than 2 per cent, and Apple, Amazon and Meta down more than 1 per cent.

Chip leading stocks generally fell, with Nvidia and Qualcomm down more than 3%, while Intel bucked the trend and rose more than 1%.

Hot stocks of new energy vehicles generally fell, Tesla fell 4.99%, the market value lost 200.5 billion yuan (about US $28.7 billion); Rivian fell 3.97%, Faraday rose 2.78% in the future; Weilai fell 4.25%, Xiaopeng fell 1.78%; ideal fell 3.86%.

Among the leading ecommerce shares, JD.com fell 11.28% after the company reported results for the fourth quarter of 2022 and the whole of 2022. According to the financial report, in the fourth quarter of 2022, the net income of JD.com Group was 295.4 billion yuan, an increase of 7.1 percent over the same period last year, and the annual net income was 1.0462 trillion yuan, an increase of 9.9 percent over the same period last year. Alibaba fell by 4.12% and pinduoduo by 7.93%.

Among the leading ecommerce shares, JD.com fell 11.28% after the company reported results for the fourth quarter of 2022 and the whole of 2022. According to the financial report, in the fourth quarter of 2022, the net income of JD.com Group was 295.4 billion yuan, an increase of 7.1 percent over the same period last year, and the annual net income was 1.0462 trillion yuan, an increase of 9.9 percent over the same period last year. Alibaba fell by 4.12% and pinduoduo by 7.93%.

Specifically, the major technology stocks in US stocks perform as follows:

The major chip stocks in US stocks performed as follows:

The performances of the hot US-listed Chinese stocks are as follows:

Preliminary figures released by the Labor Department on Thursday showed that the number of Americans applying for unemployment benefits for the week ended March 4 was 211000, the highest level in 10 weeks and higher than the 195000 economists had expected.

Economists say the figures suggest that the labour market may be starting to slow, which is seen as a necessary prerequisite for pushing inflation back to 2 per cent. For a long time, the Fed has targeted 2% inflation.

Investors are now looking forward to the Labor Department's February non-farm payrolls report, which will be released Friday local time. Economists expect 225000 jobs to be created in February, after adding 517000 jobs in January, which is much higher than economists had expected.

"if we do get 200000 of what we expect, or if we do get between 180000 and 240000, it will be a return to the previous trend and will show that last month's substantial growth was indeed an one-off," said Brad McMillan, chief investment officer of Commonwealth Financial Network, an investment firm.

"this will be seen by the Fed and the market as a positive sign that inflation may start to slow again, but still high enough for the economy to continue to grow," he said. "

Earlier this week, major indexes of US stocks fell across the board after Federal Reserve Chairman Colin Powell said in congressional testimony that interest rates could rise more than market participants had expected. However, major indexes of US stocks rebounded after Mr Powell clarified that the Fed had not yet decided on the size of the next rate hike.

Earlier this week, major indexes of US stocks fell across the board after Federal Reserve Chairman Colin Powell said in congressional testimony that interest rates could rise more than market participants had expected. However, major indexes of US stocks rebounded after Mr Powell clarified that the Fed had not yet decided on the size of the next rate hike.