NY Stock Market drops 23% record for the three months since January 5:46 on April 1
On the New York stock market on the 31st, the Dow Jones average share price fell due to an increase in sell orders due to the ongoing spread of the new coronavirus in New York State. Now, in the three months since January, the Dow Jones averaged a record 23% drop.
The New York Stock Exchange Dow Jones average closing price was $ 410.32 cents lower than the previous day at $ 21.917.16 cents.
On this day, trading began near the previous day's closing price and there were occasions where prices rose, but the spread of the new coronavirus has been stopped as the number of infected people in New York State, the most severe in the United States, became clear As a sell order has preceded.
So, in the first quarter from January to March, the Dow Jones averaged more than $ 6,600, a record drop of 23.2%. This is the fall rate since October-December 1987, known as "Black Monday".
Market officials have said, "In the face of rising prices last week, some have speculated that they may be looking for bottom prices, but price volatility is likely to continue in the future."