NY Dow Small price increase Expected further rate cut September 19 5:50
The New York stock market on the 18th, when the decision was made to cut further interest rates, ended the deal with a slight increase in the Dow average stock price, in view of whether further rate cuts would continue depending on economic conditions.
The closing price of the New York stock market average stock price on the 18th was 27,147,8 cents, which was 36.28 cents higher than the previous day, a slight increase.
This day started with a drop in prices from the start of the transaction, and immediately after the decision to cut the additional interest rate, the selling order increased because the content was within the expected range, and there was a scene where it dropped more than $ 200 compared to the previous day.
Following Powell's press conference, the view that further rate cuts would continue depending on the economic situation expanded, and the Dow average share price began to rise toward the end of the deal.
The market official said, “Some of the markets expected a sharp 0.5% rate cut, so disappointing sales once spread. The movement has strengthened. "