The New York Stock Exchange on the 26th became more cautious about the economic slowdown due to the spread of the new coronavirus infection in China, and the Dow Jones Industrial Average fell sharply by more than $ 800.
The New York Stock Exchange on the 26th was ▽ in response to the spread of the new coronavirus infection in Shanghai, China, the increase in the number of infected people in the capital Beijing, and the prolonged military invasion of Ukraine by Russia. Being wary of a slowdown in the economy has led to the sale of a wide range of stocks.
Then, the sell orders swelled further toward the end of the transaction, and the closing price of the Dow Jones Industrial Average was $ 33,240,18 cents, which was $ 809.28 lower than the previous day.
The Nasdaq stock index, which has many IT-related stocks, also fell sharply by 3.9%.
In the New York crude oil market, WTI futures, which is an international indicator of crude oil prices, temporarily rose to the $ 102 level per barrel.
Market officials said, "Amid concerns about the impact of inflation and monetary tightening on the economy in the United States, there is widespread view that the outlook for the global economy is uncertain, and tensions in the market have increased. Before the company's financial results were scheduled to be announced, many investors sold stocks to avoid risks and bought US government bonds, which are regarded as safe assets. "