NY Dow's average stock price recovered to 27,000 dollars September 12th 6:12
The New York Stock Market on the 11th, the Dow average stock price rose for 6 business days in a row because of the expectation that European and US central banks will cut interest rates one after another, and since July, the $ 27,000 level Has been recovered.
The closing price of the New York Stock Market's average share price on the 11th was $ 27,137,4 cents, 227.61 cents higher than the previous day. The Dow average share price has risen for 6 business days in a row, and since July 30, it has recovered to the $ 27,000 level for the first time in a month and a half.
On this day, in addition to the board of directors of the European Central Bank, which decides on the eurozone monetary policy the next day, the expectation that additional interest rate cuts to support the economy will be decided in the United States. I was ahead.
In addition, the US-China trade friction eased, and Apple's stock price rise, which announced a new product the previous day, also pulled the market.
The Dow average share price dropped sharply in August after the peak price on July 15 and the intensification of trade disputes between the United States and China. Will rise to.
A market official said, “In response to President Trump's repeated demand for rate cuts, the market is rising in a way that largely incorporates this month's additional rate cuts.”