New York Stock Market drops for 4 consecutive days Concern over economic slowdown due to new type pneumonia Jan. 25 at 6:52
The New York Stock Market on Wednesday has raised concerns that the spread of the new coronavirus may slow economic activity globally, and the Dow Jones stock price has risen for the fourth consecutive day since the beginning of August last year. Recorded a drop in.
The New York Stock Exchange Dow Jones average closing price was $ 28.89.73, down $ 170.36 from the previous day.
Dow Jones averaged $ 29,000 for the fourth straight day since August 2, last year.
The day began with rising prices as the company's financial results announced in the morning were strong, but sales were spread when it was reported that the second infected person of the new coronavirus was confirmed in Midwestern Illinois. The price started to fall, and the price temporarily exceeded $ 300.
Market officials say that infections are beginning to be confirmed around the world, and there is growing concern that the movement of people and goods will be restricted and economic activity slowed globally in the future.