NY Stock Market 4 consecutive business day price increase Expectations to resume economic activity April 28, 5:33
In the New York stock market at the beginning of the week, the Dow average stock price rose, as buying orders spread as the movement toward economic activity in the United States and Europe became concrete. With this, the Dow average stock price has risen for four consecutive days since last Wednesday and has recovered to $ 24,000.
The closing price of the New York Stock Market Dow Average stock price on the 27th of the week was 24,133.78 cents, which is 358.51 cents higher than last weekend.
This is the first rise since last Wednesday, when the price rose for four business days, and this is the first time since the stock price plunged at the end of February due to the spread of the new coronavirus.
In the market, buy orders came ahead, as the movement towards economic resumption in the United States and Europe has materialized.
On the other hand, the price of crude oil has been unstable, and futures prices in the New York crude oil market have been around $ 11 / barrel, which is almost 30% lower than last weekend.
The slump in crude oil prices was serious, and the US offshore company, Diamond Offshore, was out of business on the 27th.
Market officials said, "The stock market has been on a rising trend due to monetary easing, but there are still many uncertain factors such as the slump in crude oil prices."