<Anchor>

Following the World Health Organization's Declaration of Corona19 global pandemic, the world's financial markets were in panic as the United States decided to lock it in Europe for a month. Stock markets in major European countries such as the UK, Germany, and France fell more than 10%, and New York stocks fell sharply for the second straight night.

Washington Connect. Correspondent Sohn Colon, the New York stock market today has seen a significant drop. Please tell me the news.

<Reporter>

It's literally the bottom of the crash.

The New York Stock Exchange, which had hit the worst decline since the 2008 financial crisis three days ago, broke the record again today.

The New York Stock Exchange Dow Index plunged 2,352 points, 9.99%.

It fell 5.86% yesterday after the World Health Organization's Pandemic Declaration, and fell more than 16% in just two days.

The S & P 500 and NASDAQ index also fell 9.51% and 9.43% respectively.

It was the final blow that US President Trump announced the ban on entry into Europe and the European stock market slumped.

<Anchor>

Correspondent Sohn, the European stock market, which closed earlier than New York, lost more than 10%, making the mood worse.

<Reporter>

The situation on the European stock market was even worse.

Germany's Frankfurt stocks tumbled 12.24% and France's Paris stocks tumbled 12.28%.

The Italian stock market, which has the largest number of corona19 confirmers in Europe, plunged 16.92%, the worst drop since the index was created in 1988.

Were you applied as an exempt country? The situation was the same in England. 10.87% decline closed.

<Anchor>

As the situation goes like this, what does the Fed, the central bank of the United States, have become a reliever?

<Reporter>

The U.S. Fed is on the way to solving emergency money.

We decided to run a one- and three-month redemption conditional bond transaction at $ 500 billion each.

The sum of yesterday's sum is a huge supply of KRW 1,810 trillion to our market in two days.

But does this really work?

If you are like the United States, the real economy is good, so you can afford to take money, but countries like Asia and Europe have problems with how to deal with it. It is a situation that no one can guarantee.