Since the US Federal Reserve (Fed) announced a 2-yard (0.5 percentage point) interest rate hike after the May monetary policy meeting, US stocks have tumbled in the past 3 trading days, including Apple, Microsoft, Tesla The market value of the seven major technology giants including La has evaporated by 1.61 trillion US dollars ($31.5 trillion).

According to a CNBC report, the Fed announced a 2-yard rate hike after the meeting on May 4, and said it would not consider raising interest rates by 3 yards. U.S. stocks rose to celebrate that day, and fell for 3 consecutive trading days from the next day, as investors worried about the US Pass With economic growth showing signs of slowing and technology stocks falling the most of any industry, investors are turning money into staples stocks including Campbell Soup, General Mills and J.M. Smucker.

In the three trading days since May 5, the S&P 500 is down 7%, the tech-heavy Nasdaq is down 10.3% and the Invesco Nasdaq 100 ETF is down about 10%. Apple, the world’s most valuable listed company, has lost $220 billion in market value since May 5, Microsoft has lost $189 billion, Tesla has lost $199 billion, Amazon has lost $173 billion, Google has lost $123 billion, and Huida has lost $173 billion. $85 billion, Facebook down $70 billion.