PANews reported on April 7 that according to Jinshi data, the S&P 500 futures fell 20% from its historical high in February. U.S. technology stocks fell across the board before the market opened, and none of the "Big Seven" was spared, including Apple (AAPL.O) fell 5.4%, Tesla (TSLA.O) fell 10% at one point, Intel (INTC.O) fell 4.8%, and Meta Platforms (META.O) fell 6.1%. Automakers also performed weakly, with General Motors (GM.N) falling 4.9% and Ford Motor (FN) falling 3%.