The New York Stock Exchange in the United States again plummeted.

In addition, doubts were raised about the reality of the stimulus package, and investor sentiment shrank as the World Health Organization (WHO) declared the new coronavirus infection (Corona 19) as a 'pandemic' (a global pandemic).

On the 11th (local time), the Dow Jones 30 industry average index closed at 23,553.22, down 1,464.94 points (5.86%) from the previous day.

It was pushed close to 1,700 points in the middle of the week and reduced the last minute drop.

The Standard & Poor's (S & P) 500 index fell 140.85 points (4.89%) to 2,741.38, while the technology-focused Nasdaq index also closed at 7,952.05, down 392.20 points (4.70%).

The Dow index, which plunged 2,013.76 points on the 9th, surged 1,167.14 points on the 10th, but returned to a collapse in one day.

The Donald Trump administration is in a position to mobilize the stimulus card, but it is analyzed that the stimulus of the economy has withered in one day as questions about its feasibility are raised.

It is known that President Trump visited Congress the day before and offered a 'paid tax rate of 0%' from one place to the end of the year for a private luncheon with Republican senators.

The Daily New York Times (NYT) said the offer was worth 800 billion dollars (KRW 950 trillion).

The analysis suggests that it is difficult to obtain support in parliament in that it is a comprehensive measure on an astronomical scale, rather than a precise stimulus package focusing on specific vulnerable groups.

In addition, the WHO's declaration of Corona 19 as a 'pandemic' widened the fall of the New York Stock Exchange.

International oil prices, which have become the 'prime' of the stock market plunge, also showed an unstable trend.

On the same day, the West Texas crude oil (WTI) for the Indian delivery in April at the New York Mercantile Exchange (NYMEX) finished trading at $ 32.98, down 4.0% ($ 1.38) per barrel.

(Yonhap News, photo = Getty Image Korea)