According to data from MSX.COM, U.S. stocks closed with the Dow Jones down 0.09%, the S&P 500 down 1.44%, the Nasdaq down 2.21%, and the VIX panic index up 18.84%. AI concept stocks fell broadly, with Micron down 13.18%, onsemi down 11.01%, Arm down 10.14%, Astera Labs down 9.7%, and Marvell down 9.36%. It is reported that MSX is a leading RWA trading platform, which has listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.

According to MSX.COM data, Nvidia (NVDA.O) market cap has fallen below $5 trillion, with the latest decline of 2.6%.

Odaily reported that Serenity stated, "For me personally, this pullback looks like a clear buying opportunity, with targets including Micron Technology (MU), Intel (INTC), and TSMC (TSM).

This decline is mainly driven by some unfounded narratives, such as market rumors of three rate hikes by the Fed this year. However, there is actually no fresh macroeconomic data to support this claim (the real data won't be released until Thursday).

If institutions truly believed in a bearish logic of three rate hikes, as proposed by Bank of America (BofA), they should have arbitraged via CME futures or prediction markets. But in reality, these markets still show a probability of around 74% for no rate hike in July, reflecting no such aggressive rate hike expectations."

According to data from MSX.COM, at the US stock market open, the Dow fell 0.63%, the S&P 500 fell 1.64%, the Nasdaq fell 2.44%, and the VIX panic index rose 23.05%. AI concept stocks broadly declined, with Micron falling 12%, Astera Labs falling 9.05%, Marvell falling 8.86%, Teradyne falling 8.73%, and Arm falling 8.36%. It is reported that MSX is a leading RWA trading platform, having listed hundreds of RWA tokens, covering popular US stocks and ETF tokens such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.