NY Dow Average Stock Price Significant Rise on US-China Trade Consultation Consensus October 12th 7:40
On the 11th, the New York Stock Market received orders from a wide range of stocks in response to an agreement between the United States and China over trade talks, and the Dow average share price rose by more than $ 300 compared to the previous day.
The closing price of the New York Stock Market's average stock price on the 11th was 26,816,59 cents, 319.92 cents higher than the previous day.
Due to the expectation that negotiations over the United States and China over trade would progress on this day, buying orders gathered for a wide range of stocks at the same time as the transaction began, and there was a scene where the price increased by more than $ 500 compared to the previous day.
After that, there was a selling order to secure immediate profits, but the price has risen significantly and the transaction has been completed.
Market participants said, “New instability factors such as Turkey and Syria are emerging, but for the time being, the biggest concern of the market is the avoidance of intensifying friction between the United States and China, which gives investors peace of mind. ”Has spread.”