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The US stock market, which fell sharply, rose again again last night. Europe has recovered. So if the situation is organized, it is not. There are many prospects that it will fluctuate from time to time, as we are not yet sure how much it will impact the economy because of Corona19.

Reporter Kim Yong-cheol.

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The U.S. stock market, which started off on an upward trend, expanded as President Trump announced measures against Corona19.

The Dow index climbed 1,985 points, the largest gain since October 2008, just after the financial crisis.

The S & P500 and Nasdaq indices also climbed more than 9%, making up for much of the decline the day before.

[Matthew Chessrock / Stock Trading Broker: This is a rebound following a 30% drop in stock prices over two weeks. The stock market is taking a break and re-evaluating the situation.]

The European stock market, which fell more than 10% yesterday (12th), also rebounded, but the rise was not significant.

Europe's severe spread of corona19 seems to be the cause.

Stock market experts believe that the market for the 11-year longest period has ended as the US stock market, which had hit its all-time high last month, fell more than 20%.

[Julia Carlson / Asset Manager: You may have checked the floor yesterday or not. I think the volatility will continue to be large for the time being.]

The U.S. Fed is likely to cut the benchmark rate to 0% at its regular meeting on the 18th.

However, the prospect that the global economy and financial market instability will continue if the Corona19 is not in control is gaining strength.

(Video editing: Jang Hyun-gi)