The New York Stock Exchange in the US skyrocketed on the 24th (local time).

Although the economic impact of the new coronavirus infection (Corona19) was still strong, it provided a strong anticipation for passing an astronomical scale stimulus package.

On this day, the Dow Jones 30 industry average index closed at 20,704.91, up 2,112.98 points (11.37%).

After starting trading at 1,100 points, it continued to increase.

It has been the first time since 1933 that the Dow Index, which consists of 30 extra large blue chips, has risen more than 11%, the US media reported.

CNBC broadcasts said the Dow had the best day in 87 years.

The steep rebound seems to have taken place, as Boeing, including aircraft makers, had a large drop in Dow's constituents.

The Dow has soared nearly 2,000 points on the 13th, when US President Donald Trump proclaimed the 'national emergency'.

The Standard & Poor's (S & P) 500 index, which actually reflects the entire New York Stock Exchange, ended at 2,447.33, up 209.93 points (9.38%).

This is the largest increase in 11 years since October 2008, the time of the global financial crisis.

The Nasdaq index centered on technology stocks ended at 7,417.86, up 557.18 points (8.12%).

It is analyzed that the sentiment of the Republican Party and Democratic Party has improved as the expectation that sooner or later will reach an agreement on the '2 trillion dollar economic stimulus bill'.

It appears that the finance ministers of the seven major countries (G7) and the governor of the central bank also expressed their stance that they would do everything necessary to recover the economy through a conference call.

(yunhap news)