New York Stock Market Dow Jones Industrial Average Rises Greatly October 1st 6:15
In the New York stock market on the 30th, the Dow Jones Industrial Average rose sharply due to expectations for additional economic measures in response to the new coronavirus.
The closing price of the Dow Jones Industrial Average on the 30th was $ 27,781,70, up $ 329,4 from the previous day.
Regarding additional economic measures to deal with the spread of the new coronavirus infection, which has not been discussed due to the conflict between the ruling and opposition parties, Treasury Secretary Steven Mnuchin said that he was optimistic about the establishment of the measures, and he was relieved about the future of the economy. From the feeling, buy orders have spread to a wide range of brands.
However, the Dow Jones Industrial Average rose volatile after exceeding $ 500 and became unstable.
Market officials said, "In response to the TV debate in the presidential election the night before, stock prices fell sharply in the futures market, but as a result, the impact on stock prices was limited. President Trump was inferior. However, there is a view that it will be possible to deal with the futures by economic measures. "
On the other hand, even with the sharp rise on this day, the price movement of the Dow Jones Industrial Average was negative last month, which is the first time in six months since March due to the stock price plunging due to the influence of the new virus.