U.S. stocks opened high but fell, with concerns over interest rate cuts and risk aversion overshadowing the market

According to Jinshi, U.S. stock analyst Hannah Erin Lang stated that the major U.S. stock indices slipped into the red after a significant gap up, with momentum quickly fading. Reasons include that the boost from artificial intelligence seems short-lived, and the information technology sector is leading the decline in the S&P 500 index. In addition, market concerns about whether the Federal Reserve will cut interest rates in December and ongoing risk aversion are also putting pressure on the market.