On December 17th, Eastern Standard Time, the three main US stock indices concluded the trading day with a collective downturn. The Dow Jones Industrial Average slipped by 0.47%, the S&P 500 index plummeted by 1.16%, and the Nasdaq Composite Index tumbled by 1.81%. Leading tech giants, known for their large market capitalizations, experienced a broad decline. Tesla, Nvidia, and Google each saw their shares drop more than 3%, while Apple and Meta Platforms (formerly Facebook) witnessed declines exceeding 1%. Amazon and Microsoft also registered losses for the day. Among Chinese American Depositary Receipts (ADRs), the majority followed suit with downturns. NIO, Li Auto, and XPeng each fell over 3%, Pinduoduo dropped 3.69%, and Alibaba saw a 1.47% decrease. Oracle, in particular, faced a significant setback, with its shares plummeting over 5% due to hurdles in its data center financing initiatives.