NY stock market Dow average stock price drop also rises in April New Corona May 1 6:54
In the New York Stock Market on the 30th, Dow's average stock price dropped due to a move to secure profits for the time being. However, due to large-scale monetary easing, it has risen to a record level of over 11% in the first month of April.
The closing price of the New York Stock Exchange Dow Average stock price on the 30th was 24,345.72 cents lower than the previous day by 288.14 cents.
The number of new unemployment insurance applications in the United States remains high, and the number of sales orders has increased in order to secure immediate profits.
New York stock prices have continued to rise due to the large-scale monetary easing by the central bank and expectations for economic activity to resume in April after a sharp fall due to the spread of the new coronavirus. .
As a result, the closing price of the Dow Average stock price on the 30th increased by more than $ 2400 from the end of March, increasing by 11%, and the American media said, "The third rise since the Second World War. Ta ”and so on.
Market officials say, "There are many uncertainties, such as whether economic activity will resume smoothly, but prices have continued to rise based on the announcement of the financial results of strong IT-related companies."