As of the market close on October 14, the three major U.S. stock indices saw a collective downturn. The Dow Jones Industrial Average slumped by 0.35%, the Nasdaq Index shed 0.15%, and the S&P 500 Index dipped by 0.02%. The majority of large-cap tech stocks experienced a downward trend. Notably, Oracle and Dell took a significant hit, with their stock prices plummeting by a straight 7%. Tesla's shares fell by over 2.7%, resulting in an approximate loss of RMB 288 billion in market value. Meta and Nvidia also witnessed a decline of more than 3%, while Microsoft, Amazon, and Google saw their stock prices drop by over 1%. In contrast, Netflix and Apple managed to eke out slight gains.

Among the popular Chinese ADRs (American Depositary Receipts), the overall trend was downward. Bilibili's stock price fell by more than 4.92%, NIO's dropped nearly 4%, and although Li Auto managed a slight increase of 0.13%, other major players did not fare as well. iQIYI and Futu Holdings both saw their stock prices decline by more than 4%, XPeng Motors dropped by over 3.38%, UP Fintech fell by more than 3%, and Baidu's stock price decreased by more than 2%.