NY Dow Average Stock Price Depreciated Concern over the future of the US economy 6:21 on October 3rd

The New York Stock Market on the 2nd, the Dow average stock price dropped by nearly $ 600 at a time, as concerns about the future of the US economy, which had been seen as favorable, increased.

The New York Stock Market on the 2nd had an order to sell to a wide range of stocks right after the start of trading, and the Dow average stock price dropped by a little over $ 598 compared to the previous day, interrupting $ 26,000.

After all, the closing price was 26,078,62 cents, which was 494.42 cents cheaper than the previous day.

This is because representative economic indicators representing the business sentiment of the manufacturing industry were the lowest for the first time in about 10 years, and the statistics on private employment announced on the 2nd were also below market expectations. is.

In the foreign exchange market, there was a strong movement to sell dollars and buy yen to avoid risks, and the yen price rose to the lower half of the 107 yen range.

Market officials said, “With the US economy being said to be doing well, there was a view that the impact of the trade friction between the United States and China on the real economy was greater than expected because the economic indicators were bad We are also paying close attention to economic indicators that will be announced in the future, such as employment statistics on the 4th. "