1.2 trillion US stock technology giants plummeted. What happened behind this?

First, the Fed's monetary policy remains the biggest risk point. Federal Reserve Chairman Paul said in an interview that he will continue to raise interest rates until the inflation rate is reduced. This process may bring some pain. Second, investors are increasingly worried about the US economy falling into recession. CICC analysis believes that from a direct point of view, profit and growth concerns are the main factors that triggered this round of US stock market crash; In addition, investors worry that the Fed may not be able to achieve the so-called economy? Soft landing? .