The Dow Jones Industrial Average on the 16th fell for the first time in eight days.

The price moved slightly ahead of the press conference of Chairman Powell of the Federal Reserve Board of Governors, the central bank of the United States, the next day.

The closing price of the Dow Jones Industrial Average on the 16th was $ 32,825.95, down $ 127.51 from the previous day.



The Dow Jones Industrial Average hit a new high for four days in a row until the day before, but has fallen for the first time in eight business days since the 4th of this month.



In the United States, the FOMC = Open Market Committee, which decides the immediate monetary policy, has started on the 16th, and a statement and future economic outlook will be announced before dawn on the 18th of Japan time.



After that, the Fed Chairman Powell, who had a press conference, was paying attention to what he would say in response to the recent rise in long-term interest rates, and the price movement was modest ahead of such an event.



On the other hand, the Nasdaq stock index, which has many IT-related stocks, rose slightly.