US stocks generally decline, with selling pressure across major tech companies and cryptocurrency-related stocks

MysteryBoxOpener · 2026-01-28T22:04:46+00:00

On January 21, PANews reported that the U.S. stock market faced widespread selling pressure, with major indices closing lower. The Dow fell 1.76%, S&P 500 by 2.06%, and Nasdaq by 2.39%, highlighting weakness in the tech sector. Major tech stocks like Nvidia and Apple experienced significant declines, while blockchain-related assets also suffered major losses, indicating a broad risk-off sentiment among investors.

MysteryBoxOpener

2026-01-28 22:04:46

Abstract generation in progress

According to PANews reported on January 21, the US stock market was subjected to widespread selling pressure during Tuesday’s trading session. Investors’ risk-averse stance intensified, leading to a generally close at lower price levels.

Major indices all recorded declines

The three major US stock indices all declined. The Dow Jones Industrial Average fell by 1.76%, the S&P 500 by 2.06%, and the Nasdaq Composite by 2.39%. Notably, the Nasdaq’s decline was prominent, highlighting weakness in the technology sector.

Tech giants also declined across the board

The selling pressure on large technology stocks was evident. NVIDIA (NVDA.O) dropped by 4.3%, Apple (AAPL.O) by 3.4%, and Google (GOOG.O) by over 2%. The more than 4% decline in NVIDIA, a leading AI-related stock, symbolizes the market’s cautious attitude.

Blockchain-related stocks also broadly sold off

The cryptocurrency sector was also unable to escape this selling pressure. Coinbase (COIN) fell by 5.57%, MicroStrategy (MSTR) by 7.76%, and Circle (CRCL) by 7.52%. Blockchain-related stocks generally experienced declines, with larger drops than major tech companies, indicating a broad sell-off of risk assets.

On Tuesday, the US stock market was dominated by selling pressure across major indices and sector-specific stocks.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.