After the US CPI data was good, traders chose to withdraw from the tech giants that have performed strongly recently. The heavyweight Nvidia closed down 5.57%, Tesla fell 8.44%, Meta fell more than 4%, and Apple, Microsoft, Google and Amazon each fell more than 2%. In contrast, the Russell 2000 index, which is dominated by small-cap stocks, closed up more than 3.5%. The market value of the "seven giants" evaporated nearly 600 billion US dollars (about 4.35 trillion yuan) in a single day, which is equivalent to one less JPMorgan Chase (market value 595.46 billion US dollars).