NY Stock Market Drops May 29 at 6:01 due to fear of intensifying US-China conflict
On the 28th, the New York stock market was down for the first time in three days due to fears of intensifying conflict between the US and China.
The closing price of the New York Stock Market Dow Average stock price on the 28th was 25,400 dollars and 64 cents, which is 147.63 cents lower than the previous day.
The Dow Average stock price had risen above $ 500 for the second day in a row, but fell for the first time in three days.
In the market, expectations for the future of the economy are deeply rooted, and the stock price was still rising compared to the previous day on this day, but it was sold at once at the announcement that President Trump will hold a press conference on China on the 29th. I have more orders.
There are a lot of people in the market who think that the conflict with China will not escalate to such a degree that it will seriously affect the economy, but there is a growing tendency to secure profits after the end of the transaction, said a market official. Talking