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On November 15th, Southern Finance and Economics reported that the three major indexes of the US stock market collectively closed down, with the Nasdaq falling 0.64%, the S&P 500 index falling 0.6%, and the Dow Jones Industrial Average falling 0.47%. The Nasdaq Biotech Index closed down 2.4%, hitting a new low since August. Tesla fell more than 5%, and its total market value has returned to below $1 trillion. Google and Amazon fell by over 1%, while Meta experienced a slight decline; Apple rose over 1%, while Nvidia, Microsoft, Netflix, and Intel saw slight increases. Hims, a supplier of affordable weight loss drugs; Hers Health Inc. (HIMS) closed down 24%, marking its worst single day performance since its IPO in the United States.
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