NY Dow Average Price Drops Over $ 300 Concerns Concerned Difficulty In US-China Negotiations October 9th 6:58
On the 8th, the New York Stock Market became more concerned about negotiations over trade disputes between the United States and China, and the Dow average share price dropped by more than $ 300 compared to the previous day.
The closing price of the New York Stock Market's average share price on the 8th was 26,164,4 cents, a decrease of $ 313,98 cents compared to the previous day, a decrease for two consecutive days.
With the ministerial-level talks over US-China trade disputes resuming on the 10th of this month, the Chinese side is seeking partial agreement in the market, while the US side aims for a more comprehensive one There is a growing concern that “there is already a gap between the two's speculations and it will be difficult”.
For this reason, there was a scene in which the selling order preceded and picked up temporarily, but the range of decline was expanded again toward the end of the transaction.
A market official said, “In the afternoon, Mr. Powell of the FRB = Federal Reserve Board gave a lecture, and there was a situation where the stock price once recovered from the expectation of further rate cut, but it is the biggest concern. The future of trade friction between the United States and China remains unclear. "