$T-Rex 2X Long MSTR Daily Target ETF (MSTU.US)$ why suddenly drop so much???

Without looking at charts, you won't think that China's three other main indices are right behind their US counterparts.
Remember that China's markets underwent a major correction in October. We already had the Trump bump this month.
On a side note: Is the Dow Jones Industrial Average still relevant in this day and age?
$BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$ $BIDU-SW (09888.HK)$ $LI AUTO-W (02015.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $iShares MSCI Hong Kong ETF (EWH.US)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$ $S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$

$Occidental Petroleum (OXY.US)$ This stocks are hovering at a low point, with uncertainties in the Middle East situation and the ongoing Russia-Ukraine war. With the understanding king coming to power, it is advantageous for the long-term prospects of this stock. The old man has reduced his shareholding in many stocks, and this is one of the few that he has increased his shareholding in. If you are looking at the long term, it is a relatively good hedge. If you are looking at the short term, you need to watch the market closely, as the short-term profits are not actually significant.