NY Stock Market DOW Average Stock Price Over $ 440 Significant Fall April 16 5:22
On the 15th, the New York stock market was down sharply by more than $ 440 compared to the previous day, due to the fact that the US economic index deteriorated significantly.
The closing price of the Dow Average stock price on the 15th at the New York Stock Market on March 15 was 445.41 cents lower than the previous day, at 23.504.35 cents, which is a large drop since the 1st of this month.
The New York Stock Market has been on a recent uptrend, but since 1992 when the U.S. released last month's retail sales index began to survey with a 8.7% decrease from the previous month, it was the highest. In addition to the decline, the large financial group's earnings decreased significantly, leading to a large drop in prices.
In addition, the International Energy Agency (IEA) forecasted a significant decrease in global demand for crude oil, and in response to this, the price of crude oil fell again, which slowed down the market.
Market officials said, `` There are great expectations for the resumption of economic activity, but on the other hand, there is a view that it will take some time to return to the original state. It seems that stable price movements will continue. "