In just one day, the total losses of more than 600 listed companies on the New York Stock Exchange reached more than $900 billion, with an average decline of 20 percent, and the biggest losses were those old enterprises, such as the Rockefeller Corporation, the New York Times Group, Citibank, and so on, each of which was at least billions of dollars, and more than 98 percent of the more than 800 companies plummeted, and 15 of them fell by 30 percent, and the exchange suspended trading before the market closed.

Technology companies have not been spared, Microsoft, with a market value of less than $1 billion, has lost $200 million at once, and Intel, which is still in dormancy, has also lost hundreds of millions, but Wan'an Company, a company with a market value of more than $9 billion, has lost less than 900 million, although it can also be called a heavy loss, but the decline of less than 10 percent or so is already very remarkable compared with other companies, you must know that IBM lost $2.5 billion today, a decline of 21 percent.

The reason why VIE was able to lose less is mainly because the image processing program they launched has greatly increased many people's confidence in it, you must know that last week, VIE maintained a growth rate of 2% for a week, and if compared with the market value 10 days ago, even if it plummeted by 10% today, it actually did not lose much.

VIE lost less, and several companies were still stable and rising in this big stock market crash, which can be called a few unique seedlings in the US stock market, including Nike.

Nike's market capitalization is not much, only 200 million US dollars, 60% of the market value is still growing in this year, the market value is so small and the performance is so good, Wall Street investors will identify it as a high-quality investment object, as the preferred target for long-term investment, in addition to last month Nike once again launched the latest generation of "flyer" Sneakers, supported by these factors, even today's stock market crash, Nike's stock still closed at a price of 0.2 percent increase, which shows people's confidence in Nike.

That night, Liu Lang and a few people sat in front of the TV watching the news, and all channels were paying attention to this big stock market crash, which can be called a disaster, not only a disaster for American stockholders, but also the stock markets of all countries in the world fell below the lowest line in nearly three years.

Of course, the Nikkei index is higher than the Dow Jones index, but it has also fallen by 15 percent, the Hang Seng Index on Hong Kong Island fell by 420 points, or 10 percent, and also set a record for a one-day decline; and Singapore's Straits Times Index fell by 12 percent.

In addition, the stock markets of Paris, Frankfurt, Stockholm, Milan, and Amsterdam all fell by 6 to 13 percent to varying degrees, forming a shock wave of stock markets around the world.

So in the evening news, the word "Black Monday" spread far and wide, the stock market was wailing, the stockholders were unlucky, from the close of the stock market to more than seven o'clock in the evening during the period of time there were shareholders jumping off the building, of course, most of these people are investors, they make a living from investment, often loan investment, lose millions of dollars at once, bank loans can not be repaid, even if they do not jump off the building, the rest of their lives can only spend the rest of their lives in prison.

"Mr. Liu, what will happen to the stock market tomorrow? Can we make another big profit?"

Sun Mingren was interested at this time, and he now deeply realized the sentence "Follow Liu Lang to eat", and their Sun family also invested 50,000 US dollars with Liu Lang this time, which is not much for a family like the Sun family, but it is also a considerable amount.

A day later, $50,000 turned into $1.5 million, and their Sun family has been working as a lawyer on Hong Kong Island for many years, and they have only saved more than $2 million in family wealth every day, and as a result, they basically earned most of the Sun family in one day with Liu Lang in the United States.

In their eyes, Liu Lang's prediction of the stock market has reached the level of a god, he is simply a god of wealth, if he invests a few more times, I am afraid that the exchange will be hollowed out by him.

Hearing that Sun Mingren still wanted to make a fortune in the stock market, Liu Lang smiled.

"Brother Sun, no one would have imagined this stock market crash today, a day plummeted by 507 points, it is already considered to be the bottom, if the market opens tomorrow and falls like this, as long as a few days, the US stock market will return to the level of a hundred years ago, not to mention those entrepreneurs do not agree, even the US government will not agree, so the US government will have relevant methods tonight to ensure that the stock market does not fall again!"

"Well, Mr. Liu is right, the government can ease the nervousness of stockholders, as long as everyone does not sell the stock market in their hands will not fall, this is like a bank deposit, why everyone puts money in the bank, the bank's credibility is fundamental, everyone believes in the bank, if there is a crisis in reputation, all depositors no longer believe in it, then there will be a run, and the bank will go bankrupt!"

As an economist, Louis understands this.

As a few people spoke, the picture on the television changed, and an instant message was inserted, which was from the American capital.

The picture shows a White House spokesman holding a press conference.

"The country's economy is running well, the employment rate is at the highest level, production is also increasing, and the trade balance is also improving, so this stock market shock is just an accidental event where a variety of factors come together, and the president hopes that the people of the whole country can treat it rationally and not blindly follow the trend!"

"Speaker, you said it was an accident, but you know, the stock market evaporated nearly a trillion dollars in one day today, could it be that a chance event will cause such a big loss?"

A reporter at the bottom took the microphone and asked.

"There is no doubt that the country is growing steadily economically, President Reagan's policies are undoubtedly correct, and the employment rate of the people has reached a new high in a decade, and these data do not support the collapse of the stock market at all, so this shows that there are a lot of bubbles in the stock market, and it is these inflated bubbles that caused the stock market to plummet......... The president has now convened the chairman of the Federal Reserve, and the two sides are negotiating, and some measures will be worked out soon, and the president just hopes that everyone will not panic, and we, the United States, as the world leader, will have no problems economically!"

The spokesman first shifted the blame off the president to prevent attacks by those oppositionists, and then told everyone that the US economy is good and the people need not worry.

The spokesman chattered for more than 20 minutes, and the main idea was to tell everyone not to worry, not to panic, the president will have a way.

Half an hour later, the Fed spokesman spoke on TV: there was no indication that inflation would occur in the near future, and the country's economy was in much better shape than the stock market, suggesting that there was a chance factor in the stock market crash......... In order to fulfil its responsibilities as a central bank, the Federal Reserve System (FRC) today reaffirmed its commitment to ensuring the liquidity of the financial system and the need for the Federal Reserve Board to immediately inject funds into the banking system in order to support the normal functioning of the economic and financial system.

The Fed's speech made King Louis nod, professional is professional, and his words got to the point, in fact, he supported banks to continue to issue loans for stock dealers, which was much stronger than the rhetoric of the White House.

Within an hour, the two giants of the U.S. government were speaking one after another, apparently hoping that the stock market would be stable, especially the Fed's speech, which would stabilize public confidence to some extent.

After the two bigwigs finished their speeches, not long after, several major commercial banks also announced that they would reduce preferential interest rates and increase securities loans by one billion dollars, and several large trust companies also said that they would guarantee the capital needs of customers under any circumstances, and then the major commercial banks in the United States lowered their interest rates one after another.

It can be said that tonight is a sleepless night for all bankers and entrepreneurs in the United States, and they must show their strength as soon as possible, which is not just for show, but related to their own safety, and if there is another "Black Tuesday" tomorrow, everyone will not be able to stand it.