The New York Stock Exchange saw sell orders spread on the 19th due to a sense of caution about the future of the economy against the backdrop of record inflation, and the Dow Jones Industrial Average hit a new low.
The Dow Jones Industrial Average on the 19th was the lowest since March last year, hitting a record low of $ 31,253,13, down $ 236.94 from the previous day.
The Dow Jones Industrial Average fell by more than $ 1,100 at the closing price on the 18th, but the outlook for the economy is uncertain due to the record inflation that continues in the United States, and sell orders spread on this day as well. The price has dropped for two consecutive days.
Market officials said, "There were occasions when there was a move to buy back due to the sharp drop the day before, but there was a deep-rooted sense of caution about the future of the economy and the sell orders exceeded. How long will the stock price continue to decline? There are many investors who want to find out. "