NY stock market price drop Leading sell orders to secure profits for the time being April 14 6:23
In the New York Stock Market at the beginning of the week, before the announcement of the company's financial results starting this week, the Dow average stock price dropped as the sell order preceded in order to secure immediate profits.
With no deals last Friday, the closing price of the New York Stock Exchange Dow Avg.
Although the company's financial results announcement will start from this week, sales orders will precede in order to secure immediate profits, as the market is expected to suffer a large deterioration and deterioration of business results due to the spread of the new coronavirus infection Did.
In addition, oil-producing countries such as Saudi Arabia and Russia have agreed to cooperate to reduce crude oil production by 9.7 million barrels a day, but the view that the decline in demand due to the new coronavirus will exceed this I didn't connect.
Even in the New York crude oil market, futures prices for crude oil have remained modest despite a large-scale production cut, and it is uncertain whether crude oil prices will rise in the future.
`` Most investors see the spread of the new coronavirus at its peak, but the outlook remains uncertain when economic activity will resume, '' said a market official. I will.