On the 23rd, the New York stock market saw an increase in sell orders, and the Dow Jones Industrial Average dropped sharply to over $600 at one point.
In addition to the fact that the Federal Reserve Board, the central bank of the United States, continues to raise interest rates significantly, the global economy slows down in response to a series of moves to tighten monetary policy among central banks around the world. Concern about it spread.
A market official said, ``Investors are becoming more wary of a recession in the US economy over the future, and sell orders are increasing to avoid immediate risks.''