US stocks close: Nasdaq falls 2.7% Dow hits new high for three consecutive days

On July 18, the U.S. stock market closed on Wednesday, with the Dow initially closing up 0.6% or 240 points, setting a new closing high for three consecutive days. The S & P 500 index fell 1.39%, the Nasdaq index fell 2.77%, and the Russell 2000 index fell 1%. The seven major U.S. stocks fell across the board, including NVIDIA (NVDA. O) down 6.6% and Apple (AAPL. O) down 2.5%. The Nasdaq China Golden Dragon index fell 1.8%, NIO (NIO. N) fell more than 6%, and Alibaba (BABA. N) fell 1.7%.