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The hawkish stance of Federal Reserve officials, coupled with concerns about the outbreak in the Mainland and the disruption of supply chains due to lockdown measures, cast a shadow over the recovery of the global economy and weakened investors' appetite for risk. The three major US stock indexes fell.

The Dow opened 71 points lower and then fell repeatedly, falling as much as 547 points, and closed down 497 points to 33,849 points.

The Wall Street stock market fell, and the three major US stock indexes all fell by more than 1%, of which the Dow Jones index fell from a seven-month high. The Dow closed down 497 points at 33,849. The S&P 500 closed down 62 points at 3,963.