The New York stock market on the 3rd saw an increase in selling orders due to renewed concern about the continued significant interest rate hike in the United States, and the Dow Jones Industrial Average fell for the fourth consecutive day.
In the New York stock market on the 3rd, the FRB = Federal Reserve Board Chairman Powell's remarks on the previous day (2nd) led to renewed concerns about a sharp interest rate hike in the United States and a cooling of the economy, and immediately after the start of trading. Increased sell orders from
As a result, the Dow Jones Industrial Average temporarily fell by more than $400 from the previous day.
After that, an index indicating the business sentiment of the non-manufacturing industry in the United States announced on the 3rd was below the market forecast, and the view that the interest rate would continue to be raised somewhat receded. The average closing price was $32,001.25, down $146.51 from the previous day.
The Dow Jones Industrial Average fell for the fourth day in a row, and the decline during this period exceeded $ 800.
The Nasdaq stock index, which has many IT-related stocks, also fell sharply by 1.7%.
A market insider said, ``There were many investors who wanted to see the details of the US employment statistics scheduled to be announced on the 4th.''
In addition, the yen exchange rate in the New York foreign exchange market is slightly fluctuating at the level of 1 dollar = 148 yen.