On February 26th, as the market closed, the three major U.S. stock indices displayed a mixed performance. The Nasdaq Composite Index fell by 1.18%, and the S&P 500 Index experienced a decline of 0.54%. In contrast, the Dow Jones Industrial Average managed to edge up slightly by 0.03%. The majority of large-cap technology stocks ended the day in negative territory, with Nvidia taking the hardest hit, plunging more than 5%. This marked its largest single-day decline since April 16th of the previous year, resulting in a staggering overnight loss of $259.3 billion in market value (equivalent to approximately RMB 1.7739 trillion). Intel also suffered a significant drop, falling more than 3%, while Tesla saw a decline exceeding 2%. Both Google and Amazon witnessed drops of over 1%, and Apple experienced a marginal decrease. On a positive note, Netflix surged more than 2%, and both Microsoft and Meta saw slight increases. Among popular Chinese ADRs (American Depositary Receipts), there was a general downward trend, with Baidu falling more than 5%, Bilibili and iQiyi both declining more than 3%, and Alibaba, JD.com, Li Auto, and Xpeng all experiencing drops exceeding 2%. Pinduoduo and Nio also saw declines of more than 1%.