Major Reversal! Sudden Collective Plunge

On Thursday, April 4 (local time), most European and U.S. stock markets closed lower, with all three major U.S. indices falling more than 1%. The Dow Jones Industrial Average dropped over 530 points. Netflix and Alphabet (Google’s parent company) both fell more than 2%; Amazon declined over 1%, though its intraday high of $185.10 marked its highest level since November 2021. Advanced Micro Devices (AMD) plunged over 8%, registering its largest single-day decline since May 3, 2023. International crude oil prices rose across the board; ICE Brent crude futures settled above the $90/barrel psychological threshold for the first time since June 16, 2022. U.S. initial jobless claims rose to their highest weekly increase in over two months. This data—combined with Federal Reserve Chair Jerome Powell’s dovish remarks on Wednesday reinforcing expectations of rate cuts—initially lifted U.S. equities. However, unexpectedly hawkish comments from other Fed officials, coupled with escalating tensions in the Middle East, dealt a heavy blow to U.S. stocks. Markets reversed sharply in the afternoon, with all three major indices plunging collectively—the Dow at one point shedding over 800 points from its intraday high. All Three Major U.S. Indices Fell Over 1% On Thursday, the three major U.S. indices opened higher but closed lower, each declining over 1%. The Dow fell over 530 points, marking its fourth consecutive trading day of losses. According to Wind data, at market close, the Dow was down 1.35%, the S&P 500 down 1.23%, and the Nasdaq Composite down 1.4%. Most leading tech stocks declined: Apple fell 0.49%. Following CEO Tim Cook’s sale of over 196,000 shares—valued at over $33 million—on April 1 and 2, Apple’s stock briefly rose over 1%, then turned slightly negative. Amazon fell over 1%, hitting an intraday high of $185.10—the highest since November 2021. Netflix and Alphabet both dropped over 2%; Microsoft fell 0.61%, extending its losing streak to three days. Meta rose 0.82%, briefly gaining over 4%, marking its fourth consecutive day of gains and approaching its all-time closing high set on March 7. Tesla turned briefly negative at the open, then rallied—surging over 5%—but gave back most of those gains after the broader market turned negative, ultimately closing up 1.62%, its second straight day of gains exceeding 1%. Semiconductor stocks performed weakly: NVIDIA rose nearly 2% early in the session but closed down over 3%, marking its third consecutive day of losses and its lowest close since March 11. AMD plunged over 8%, its biggest drop since May 3, 2023; TSMC’s U.S.-listed shares fell over 1%, while Broadcom and Micron Technology each dropped over 3%. Most China-based U.S.-listed stocks declined. The NASDAQ Golden Dragon China Index fell 1.5%, extending its losing streak to two days. Gaotu Techedu dropped over 6%; DJI Logistics fell over 5%; GDS Holdings, Canadian Solar, Melco Resorts & Entertainment, and Weibo each fell over 4%; Zhihu and Dada Nexus each fell over 3%. On the upside, YSG Group rose over 5%. Most Chinese EV-related stocks declined, with Li Auto dropping over 2%. In Europe, the three major indices ended mixed. According to Wind data, at market close, Germany’s DAX Index rose 0.19% to 18,402.43; France’s CAC 40 fell 0.02% to 8,151.55; and the UK’s FTSE 100 rose 0.48% to 7,975.89. U.S. Initial Jobless Claims Rose More Than Expected

Selected Stocks — September 16, 2026

Oscillation Strategy (OSCILLATION) – Top 20 of 80 Stocks Identifies stocks trading within a stable price range and exhibiting moderate volatility; excludes stocks trending strongly upward or downward. Rank Stock Code Stock Name Entry Price Score Notes 1 sz002577 Rapoo Technology 17.99 94.17 Oscillating stock; volatility: 23.60% 2 sz002530 Kingdee International 7.18 93.90 Oscillating stock; volatility: 21.10% 3 sz000685 Zhongshan Public Utilities 11.07 93.85 Oscillating stock; volatility: 16.58% 4 sz002243 Lohas Innovation 7.08 93.85 Oscillating stock; volatility: 18.67% 5 sz002170 Batian Co., Ltd. 11.42 93.78 Oscillating stock; volatility: 16.43% 6 sz002908 Desay SVT 7.01 93.62 Oscillating stock; volatility: 23.13% 7 sz000599 Qingdao Doublestar 4.70 93.61 Oscillating stock; volatility: 21.04% 8 sz002391 Changqing Chemical 5.28 93.59 Oscillating stock; volatility: 16.35% 9 sz000761 Benxi Iron and Steel 2.32 93.56 Oscillating stock; volatility: 16.96% 10 sz002372 Weixing New Materials 8.30 93.53 Oscillating stock; volatility: 20.36% 11 sz000932 Valin Steel 3.54 93.45 Oscillating stock; volatility: 21.64% 12 sz002154 Baoxiniao 3.99 93.37 Oscillating stock; volatility: 23.04% 13 sz002833 Hongya CNC 17.85 93.32 Oscillating stock; volatility: 22.38% 14 sz000650 Renhe Pharmaceutical 5.29 93.28 Oscillating stock; volatility: 15.99% 15 sz002395 Shuangxiang Co., Ltd. 12.58 93.26 Oscillating stock; volatility: 22.63% 16 sz000999 China Resources Sanjiu 24.30 93.24 Oscillating stock; volatility: 19.77% 17 sz000552 Gansu Energy Chemical 2.55 93.14 Oscillating stock; volatility: 22.13% 18 sz001965 China Merchants Expressway 9.86 93.11 Oscillating stock; volatility: 17.10% 19 sz300070 Beijing Origin Water 3.42 93.10 Oscillating stock; volatility: 15.16% 20 sz001219 Qingdao Food 12.64 92.99 Oscillating stock; volatility: 19.77%