Last year's NY Dow Average Share Price Raised 22%, Jan. 1, 06:52
The New York Stock Exchange closed its last transaction in 2019, and Dow Jones averaged a significant 22% increase over the past year.
The New York Stock Exchange Dow Jones average closing price was $ 28.30, up $ 76.30 compared to the previous day at $ 28,538.44.
This has raised the Dow Jones average by more than $ 5,200, or 22%, over the past year.
The NYSE stock market was volatile last year due to trade negotiations between the U.S. and China.However, due to low domestic unemployment, strong consumption and corporate performance, the domestic economy was resilient in November. Since then, we have updated the highs every day.
In addition, interest rate cuts that have been made three times since the summer have supported the economy and provided investors with a sense of security for the future.
As a result, in addition to the Dow Jones average, the emerging market's Nasdaq index rose 35% in the past year, and the broader S & P 500, 29%, both increased significantly.
In the U.S. economy, the effects of the Trump administration's tax cuts, etc. have been rounded out, and corporate investment has not increased, and although the possibility of a recession is low, it is expected that the economy will slow down moderately. Attention is paid to what kind of price movement will happen on the moon.