NY stock price hovering for a week next week or will continue to be unstable next week at 5:58 on August 17
The Dow average stock price of the New York stock market, which recorded the biggest decline this week due to concerns about a slowdown in the global economy, ended a sharp increase on the 16th. However, the trade friction between the United States and China has not seen a clue to breakthrough, and it seems that unstable price movements will continue next week.
The New York stock market on the 16th saw a strong move to buy back stocks that fell, and the closing price of the Dow average stock price ended at $ 25,886, 1 cent, a 306.62 cent increase from the previous day.
This week, concerns about a slowdown in the global economy have further strengthened as a result of intensifying trade friction between the United States and China, and the Dow average stock price has dropped by $ 800 a day on the 14th. It was a week of ups and downs.
Continuing interest in the movement of trade disputes between the US and China and the situation in Hong Kong next week, the talk by Chairman Powell of the FRB at Jackson Hole in the western United States on the 23rd is drawing attention.
A market official said, “While responding to President Trump ’s remarks, stock prices will continue to fluctuate next week. Chairman Powell ’s talks are about future financials, including additional rate cuts, to support the economy. The focus is on what to say about mitigation. "