The New York Stock Exchange on the 1st was worried about inflation against the backdrop of rising international crude oil futures prices, and the Dow Jones Industrial Average temporarily fell sharply to over $ 700.
In the New York stock market on the 1st, the view that the supply of crude oil from the oil-producing country Russia will be stagnant has led to a sharp rise in international crude oil futures prices, raising concerns about inflation.
As a result, sell orders swelled among investors in an attempt to avoid risk, and the Dow Jones Industrial Average temporarily fell sharply to over $ 700.
The closing price was $ 33,294,95, which is $ 5,97,65 lower than the previous day.
The Nasdaq stock index, which has many IT-related stocks, also fell by 1.5%.
Selling orders expanded in the European market on the 1st, and the closing prices of major stock indexes fell by 3.9% in the Paris market, 3.8% in the Frankfurt market in Germany, and 1.7% in the London market.
Market officials said, "There is growing concern that energy prices will rise further and inflation will accelerate. For the time being, the situation is likely to continue to be nervous about the movements of the international community and companies around Ukraine." increase.