The Dow Jones Industrial Average temporarily dropped by more than $ 500 due to concerns over prolonged inflation in the New York Stock Exchange on the 6th.
In the New York Stock Exchange on the 6th, it was sold due to concerns that inflation would be prolonged due to the continued high growth of the average hourly wage of workers in the US employment statistics released on the day in April. The number of orders has increased.
As a result, the Dow Jones Industrial Average temporarily fell sharply to over $ 500.
After that, there was a move to buy back, and the closing price was $ 32,899,37, which was $ 98,60 lower than the previous day.
The Nasdaq stock index, which has many IT-related stocks, also fell 1.4%, the lowest since November 2020.
In the New York Stock Exchange, stock prices fluctuated over a significant rate hike decided by the Federal Reserve Board, the central bank of the United States, and the Dow Jones Industrial Average rose sharply to over $ 900 on the 4th, and then on the 5th. Turned around and plunged to over $ 1000.
Market officials said, "The rise in long-term interest rates in the United States also led to a decline in stock prices. Next week, the consumer price index is scheduled to be released in April, and when inflation will peak and monetary tightening Stock prices are likely to remain volatile for the foreseeable future. "