The New York stock market on the 5th became more cautious about the future of the economy from the view that monetary tightening will accelerate in the United States, and the Dow Jones Industrial Average temporarily dropped by more than $ 300.
In the New York stock market on the 5th, the Fed, which is the central bank of the United States, is expected to accelerate the tightening of monetary policy. The price has dropped by more than the dollar.
The closing price was $ 34,461,18, which is $ 280,70 lower than the previous day.
The Nasdaq stock index, which has many IT-related stocks, also fell sharply by 2.2%.
In the New York foreign exchange market, the yen exchange rate temporarily dropped to the upper 123 yen level per dollar against the backdrop of rising long-term interest rates in the United States.
Investors are increasingly saying that the Fed's board of directors, Lael Brainard, will start squeezing its assets in May and squeeze them at a faster pace, accelerating monetary tightening. Interest is focused on the future of the economy. "