The Dow Jones Industrial Average on the New York stock market on the 26th fell sharply following the previous day due to caution over rising long-term interest rates.
The closing price of the Dow Jones Industrial Average on the 26th was $ 39,32,37, which is $ 469,64 lower than the previous day.
Due to a sense of caution about rising long-term interest rates, the price fell sharply shortly after the start of the transaction on this day, and unstable price movements continued thereafter.
However, recently, there has been a movement to buy back IT-related stocks whose prices have continued to decline, and the Nasdaq stock index, which has many such stocks, has risen for the first time in two days.
In addition, the long-term interest rate that is attracting attention is that the interest rate of 10-year government bonds, which exceeded 1.6% the day before, remained around the mid 1.4% range on the 26th.
Market officials said, "The stock price has risen relatively steadily so far, but in March it seems that it will be a cautious move to search for investment destinations in consideration of the rise in long-term interest rates in anticipation of economic recovery." ..