The three major U.S. stock indexes opened lower in early trading and rebounded in shocks. After the decision to raise interest rates and Powell’s speech, they quickly dropped and bottomed out. As of the close, the Dow fell 0.42% to 33966.35 points, the S&P 500 fell 0.61% to 3995.32 points, and the Nasdaq fell 0.76% to 11170.89 points.Most of the large technology stocks fell, with Apple falling more than 1%; Microsoft and Meta rose, and Meta rose more than 1%. Leading chip stocks generally fell, with AMD falling more than 3% and Nvidia falling more than 2%.Leading stocks of new energy vehicles generally fell. Tesla fell another 2.58%, and the cumulative decline this year was 55%. The market value fell below the $500 billion mark for the first time in two years; 1.71%, Xiaopeng fell 1.16%; Ideal fell 0.29%.Most of China's leading e-commerce stocks rose, Alibaba fell 0.55%, JD.com rose 1.31%, and Pinduoduo rose 1.43%. Popular Chinese concept stocks rose and fell roughly half and half. Alibaba’s stock price fell 0.55%, Pinduoduo rose 1.43%, JD.com rose 1.31%, NetEase rose 4.27%, Baidu rose 0.05%, Ctrip rose 3.27%, Keike fell 1.5%, Futu Holdings rose 2.15%, Bilibili rose 2.08%, Wanguo Data rose 5.6%, iQiyi fell 5.71%, Weilai fell 1.71%, Ideal Auto fell 0.29%, and Xiaopeng Motors fell 1.16%.This year, the Fed has raised interest rates seven times, with a cumulative rate hike of 425 basis points. In March and May this year, interest rates were raised by 25 basis points and 50 basis points respectively. In June, the rate hike of 75 basis points was approved by a vote of 10:1. In July, September and November, the rate hikes of 75 basis points were unanimously approved. . Regarding this interest rate hike, Powell said that 50 basis points of interest rate hikes is still a large range, and there is still a long way to go to raise interest rates. It is expected that there will be no interest rate cuts in 2023, and the rate hike announced at the meeting in February next year will depend on the on economic data.For the analysis of US stock trading data, you can go to the mt5 stock trading soft platform to view it.Now join AvaTrade Aihua, the new customer bonus is as high as 1,000 US dollars. The 88 season of AvaTrade platform is in full swing.