On October 10, local time, European and American stock markets collectively fell, with the Nasdaq index experiencing a big dump of 820.20 points, a decline of 3.56%.

The Wande America Technology Seven Giants Index fell over 3%, with Tesla down over 5%, and Amazon and Nvidia down over 4%. U.S. chip stocks performed poorly, with ARM down over 9%, ON Semiconductor and Microchip Technology down over 8%, and Advanced Micro Devices and Qualcomm down over 7%.
In terms of commodities, international gold prices surged, with London spot gold and COMEX gold futures both rising over 1%; however, crude oil and non-ferrous metal prices plummeted, with US WTI crude oil futures falling more than 5% and LME copper futures dropping over 4%.