NY Stock Market Dow Average Stock Price Drops for the first time in 4 days 5:43 on May 20
The New York stock market on the 19th saw the Dow average stock price drop for the first time in four days, as selling orders to secure immediate profits stood out from the reactionary reaction to the sharp rise on the previous day.
The closing price of the New York Stock Market Dow Average stock price on the 19th was 24,206.86 cents, which is 390.51 cents cheaper than the previous day.
This is the first drop in 4 days.
On the 18th of the previous day, it recorded a huge rise of over 900 dollars, so the sell order preceded that day to secure immediate profits.
On the other hand, the Fed Chairman Powell, who attended a hearing in the House of Representatives to support the economy, has indicated that he will continue to carry out additional monetary easing as necessary, and the Dow average stock price has been around the closing price on the previous day. However, the price dropped significantly toward the end of the transaction.
“The US-China confrontation is intensifying again, and many investors seemed to want to spot the situation,” said a market official.