NY Stock Market Price Rise Oil Price Falling Limited Price Increase February 4 4:34
The New York stock market on the third day of the week is dominated by repurchase activity following a sharp drop last weekend, and the Dow Jones stock is trading higher. However, stock prices of related companies have fallen significantly due to the continuing decline in crude oil prices, and the overall price rise has been limited.
The Dow Jones trade is dominated by repurchase activity this week as the Dow Jones average dropped more than $ 600 last weekend, worried about the impact of the new coronavirus on the global economy.
However, as crude oil prices continue to fall from the perspective of global demand falling, especially in China, energy-related stocks have fallen sharply, and the overall price rise has been limited.