Non-farm Payroll Surprises! The three major US stock indexes opened significantly lower, with Intel experiencing its largest drop since 1982.

The US July non-farm payrolls fell significantly below expectations, intensifying recession fears. The Nasdaq fell by big dump 2.43% at the opening, down 10% from its July high, and is about to enter a correction range; the S&P 500 fell by 1.43%, and the Dow Jones fell by 0.99%. Disappointing performance of tech stocks disappointed the market, and star tech stocks continued to fall. Intel fell by big dump 26% at the opening, the biggest drop since at least 1982. The company's Q2 revenue unexpectedly declined and will cut more than 15% of its workforce; Q3 guidance is weak. Amazon fell by over 9% at the opening, wiping out nearly $197 billion in market value; Snap fell by over 20% at the opening, with Q2 revenue and guidance falling short of expectations; Nvidia fell by over 5% at the opening.