NY Stock Market Rise Oil-producing countries agree to cut production, President posts April 6 at 6:44 pm
In the New York Stock Market on Tuesday, oil-producing countries such as Saudi Arabia reported that they had agreed to cut crude oil production, which led to a surge in buying orders centered on stagnant energy-related companies, and the Dow Jones average share price rose significantly. Did.
The Dow Jones Industrial Average closed the day at $ 21,413.44, up $ 469.93 from the previous day, rising for the first time in three days.
On this day, Dow Jones averaged lower than the previous day as the number of unemployment claims in the U.S. increased significantly above market expectations.
However, President Trump later posted on Twitter that oil-producing countries such as Saudi Arabia and Russia had decided to cut crude oil production, and the names of energy-related companies that had been sluggish due to a sharp rise in crude oil prices. Purchase orders centered around, and prices have started to rise.
However, price movements are still volatile this day, and market officials say, "Many investors are still cautious."