On the 24th, the Dow Jones Industrial Average plunged to over $ 800 at one point due to Russia's invasion of Ukraine, but then returned sharply and turned up, and fluctuated.
In the New York stock market on the 24th, Russia's invasion of Ukraine has strengthened investors' stance to avoid risks, and sell orders have swelled, causing the Dow Jones Industrial Average to plummet by more than $ 800 compared to the previous day. rice field.
However, after that, the price returned significantly, and the closing price turned up to 33,223.83 cents, which is 92.07 cents higher than the previous day, and the transaction was closed.
The Dow Jones Industrial Average has risen for the first time in 6 business days.
In addition, the Nasdaq stock index, which has many IT-related stocks, also rose significantly by 3.3%.
Regarding the reason why stock prices have fluctuated and turned up, the market did not include the exclusion of Russian banks from the international interbank payment network called SWIFT in the sanctions announced by President Biden today. It has been pointed out that this is because of the fact.
Market officials said, "The military invasion was taken as a surprise, but the sanctions announced by President Biden have alleviated some concerns about the impact on the global economy. By the day before, stock prices had fallen sharply. This also led to a buyback, but the uncertainties about the future of the market are deep-rooted. "