NY Stock Market Dow Jones Industrial Average Drops Again Significantly September 11th 6:54
The Dow Jones Industrial Average on the New York Stock Market on the 10th fell sharply again.
In addition to the drop in prices of IT-related stocks, the ruling and opposition parties continued to confront each other over additional economic measures in response to the new coronavirus, raising concerns about the future of the economy.
The closing price of the Dow Jones Industrial Average on the New York Stock Exchange on the 10th was $ 27,534,58, which is $ 405.89 lower than the previous day.
In the market, IT-related stocks continued to move erratically, and Apple and Microsoft fell sharply.
In addition, when it was reported that the bill submitted by the ruling party and the Republican Party in the US Congress could not be passed due to opposition from the opposition and the Democratic Party over additional economic measures to deal with the new coronavirus, the price drop was further widened.
In the market, it is expected that economic measures will be finalized on a certain scale by the end of this month due to the change of the US fiscal year, but fierce conflict between the ruling and opposition parties has become clear, and anxiety about the future of the economy has increased. It was.
Market officials said, "The daily price range of the Dow Jones Industrial Average has exceeded $ 700. IT-related stocks, which were pointed out to be overpriced, continue to move erratically, and the market has a poor sense of direction." I'm talking to you.