US Stocks Experience "Black Friday"! Nasdaq Plunges Nearly 6% and Officially Enters Bear Market

美股遭遇“黑色星期五”！纳指暴跌近6%正式进入熊市

U.S. stocks experienced a sharp decline for the second consecutive trading day, with the Nasdaq index falling nearly 6% and officially entering a technical bear market.

美国股市连续第二个交易日出现大幅下跌，其中纳斯达克指数跌幅接近6%，正式宣告进入技术性熊市。

This is the largest two-day drop experienced by the three major U.S. stock indexes since the outbreak of the COVID-19 pandemic in 2020.

这是自2020年新冠疫情爆发以来，美国三大股指经历的最大两日跌幅。

The Dow Jones Industrial Average and the S&P 500 index also fell by 5.5% and 5.97% respectively, and investors' concerns about the global economic outlook are rapidly spreading, triggering panic selling in the market.

道琼斯工业指数和标普500指数也分别下跌了5.5%和5.97%，投资者对全球经济前景的担忧情绪正在迅速蔓延，引发了市场的恐慌性抛售。

Federal Reserve Chairman Jerome Powell had previously warned that tariff policies would impact inflation and could potentially curb economic growth.

美联储主席鲍威尔此前曾警告，关税政策将对通货膨胀产生影响，并可能抑制经济增长。

The S&P 500 index saw a weekly drop of 9.1%, with the banking and semiconductor sectors being hit hard; meanwhile, multiple Chinese concept stocks, including JD.com and Alibaba, also suffered significant declines, with drops exceeding 7.7%, and international crude oil and precious metal markets were also affected, with WTI crude oil prices plummeting by 7.41%.

标普500指数本周的跌幅高达9.1%，银行和半导体板块遭受重创，与此同时，包括京东和阿里巴巴在内的多支中概股也遭遇大幅下跌，跌幅均超过7.7%，国际原油和贵金属市场同样受到波及，WTI原油价格暴跌7.41%.

The global market generally showed a downward trend, and the future direction is full of uncertainty.

全球市场普遍呈现下行趋势，未来走向充满不确定性。