NY stock market volatile even with a large rise in price Unstable price movement June 17, 5:35
The New York Stock Market on the 16th saw a significant gain in Dow's stock price of more than $500, as retail sales recovered significantly last month. However, there are some scenes where the price fluctuates in units of $100, and price movements remain unstable.
The closing price of the New York Stock Market Dow Average stock price on the 16th was 26,289.98 cents, higher by 526.82 cents compared to the previous day.
Expectations for the outlook for the economy on this day were higher than the market's expectations, with sales of the retail industry in the United States announced before the start of the transaction last month increasing by 17.7% compared to the previous month. A wide range of buying orders were gathered centering on the spread and retail-related issues.
However, at one point, the price rose by more than $800 compared to the previous day, but when the Fed Chairman Powell's testimony began, the price fluctuated in increments of $100 and the price was unstable.
A market official said, ``Investors may have mixed expectations about the future of the economy and concerns about the re-infection of the new virus, and for the time being, we may continue to feel apprehensive. Talking