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NY stock price rises for the first time in 6 days

2019-08-06T20:36:42.779Z

The New York stock market on the 6th is about to stop the Chinese currency and the renminbi depreciation, and to buy back stocks that have fallen significantly ...



NY stocks rose for the first time in 6 days

The New York stock market on the 6th saw the end of the Chinese currency and the depreciation of the renminbi, and there was a move to buy back stocks that had fallen sharply so far, and the Dow average stock price rose for the first time in 6 days. Stock weakness, which has been chained globally due to intensifying trade friction between the United States and China, has once stopped declining.

The closing price of the New York market Dow average stock price on the 6th was 26,029,52 cents, which was 311 dollars and 78 cents higher than the previous day.

The Dow average stock price, which had been declining since last Tuesday, recorded the largest decline on the 5th of the previous day, but on this day, the Chinese currency and the renminbi depreciation were stopped, The fact that US government officials mentioned the possibility of negotiations between the United States and China also led to buy orders.

Also, the European market on the 6th, although the price dropped, remained small and stock prices, which had been linked globally due to intensifying trade friction between the United States and China, once stopped.

The market official said, “The concern about US-China trade friction has eased, which led to a rise in prices. However, the price movement is unstable, such as the stock price temporarily turning down this day, and such a trend will continue in the future. Is n’t it? ”

Source: nhk

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