The New York Stock Exchange on the 29th has stopped rising crude oil futures prices, which has eased concerns about accelerating inflation and the Dow Jones Industrial Average has risen by more than $ 300.
The closing price of the Dow Jones Industrial Average on the New York Stock Exchange on the 29th was $ 35,294,19 cents, up $ 338,30 from the previous day.
The Dow Jones Industrial Average has risen for four consecutive business days.
Concerns about accelerating inflation have eased and buy orders have increased as international crude oil futures prices have stopped rising in the New York crude market.
The Nasdaq stock index, which has many IT-related stocks, also rose significantly by 1.8%.
Also, in the foreign exchange market, there is a movement to sell the dollar against the background of the decline in long-term interest rates in the United States, which has continued to rise, and the yen exchange rate has become a transaction centered on the upper 122 yen level per dollar. I am.
Market officials said, "Some investors placed buy orders based on the fact that both sides showed a certain concession in the ceasefire negotiations between Russia and Ukraine. However, the outlook for the situation in Ukraine remains uncertain and the ceasefire Investors are likely to be nervous about information about negotiations and the war situation. "