NY Dow Average Share Price Drops Over $ 580 Temporarily 8:24 on August 8
The New York Stock Market on the 7th continued to show unstable price movements, such as the US-China trade friction influencing the global economy and recording a drop of more than $ 580 compared to the previous day.
The closing price of the New York stock market's Dow average stock price on the 7th was $ 26,007, 7 cents, a decrease of $ 22.45 compared to the previous day.
On this day, selling orders were preceded by the view that interest rate cuts continued in emerging Asian countries such as India and Thailand, and trade friction between the United States and China affected the global economy.
Although there was a movement to buy back towards the end of the transaction, the Dow average stock price continued to be unstable, such as a temporary decline of $ 589 compared to the previous day.
In the financial markets, investors bought to avoid risks, such as the long-term interest rate fell rapidly as the result of the purchase of safe bonds, and the yen appreciated against the yen.