US Stock Market Move | The Nasdaq 100 index fell 10% from its high point in October of last year, with tech stocks across the board experiencing a general decline.

On Friday, the three major U.S. stock indexes opened lower collectively, with the Nasdaq 100 index falling 0.8%, down 10% from its high in October last year. The market is expected to enter a technical adjustment phase. Star technology stocks fell across the board, with Tesla, Inc. (TSLA.US) falling more than 2%, Microsoft Corporation (MSFT.US), Meta (META.US), Alphabet Inc. Class CA (GOOGL.US), and Amazon.com, Inc. (AMZN.US) all falling by nearly 2%, while NVIDIA Corporation (NVDA.US) fell by nearly 1%. On the news front, due to the delay in the US-Iran conflict, several institutions have recently raised the probability of the US economy entering a recession. According to news from the US on the 25th, Moody's Corporation's analytical model shows that the probability of the US economy entering a recession in the next 12 months has risen to 48.6%; Goldman Sachs Group, Inc. has raised its forecasted probability to 30%; Wilmington Trust Company and Ernst & Young Advisory Ltd. respectively predict the probability of the US economy entering a recession as 45% and 40%. Under normal circumstances, this probability should be around 20%. Mark Zandi, Chief Economist at Moody's Corporation, stated that the recession risk is "uncomfortably high and still rising," with the economic recession now a real threat. If the current high oil prices continue into late May to the end of the second quarter, the US economy will enter a recession.