NY stocks two months after the Dow Average plunge, remaining close to 20% price drop April 25, 6:07
The New York Stock Exchange Dow Average stock price rose on Wednesday, ending the deal this week.
Two months have passed since the stock market plunged due to the spread of the new coronavirus, and the New York stock market is recovering from the lowest price during this period, but the Dow average stock price is still lower than it was just before the sharp fall. , Prices have dropped nearly 20%.
The closing price of the New York Stock Market Dow Average stock price on the 24th was 23,775 dollars and 27 cents, which is 260 dollars and 1 cent higher than the previous day.
The trend to buy back oil continued because the price of crude oil stopped lowering.
Two months have passed since the stock price plunged due to the spread of the new coronavirus.
On February 24, the Dow average stock price dropped by over $ 1,000 and the plunge began.
Since then, the price has fallen sharply, with the largest ever drop of $ 3,000, and in order to prevent such a sharp price drop, the "circuit breaker" that automatically stops trading was launched for the first time.
On the 23rd of last month, it reached the lowest price of $ 18,591 during this period, down $ 10,400, or 35% from the previous price.
After that, a huge amount of economic measures and monetary easing, which can be said to be a crisis response, gradually returned to the level and recovered to $ 24,000 on the 17th of this month.
During this time, Amazon, an online mail order company, Netflix, a major video distribution company, and Walmart, a major distribution company, have reached the highest prices.
However, from the beginning of this week, the price became unstable again as the first time that the crude oil price fell into the negative, and the closing price of the Dow average stock price on the 24th was still 18% cheaper than before it fell sharply. It has become.