Nasdaq stock index highest update Yen price temporarily stood at $1=106 yen level on June 11, 5:56
On the 10th, the New York stock market showed mixed movements, with the Dow's average stock price declining while the Nasdaq stock index renewed its highest level. On the other hand, the yen is strengthening in the foreign exchange market and the yen exchange rate is temporarily at the level of 106 yen per dollar.
The closing price of the New York Stock Exchange Dow Average stock price on October 10 was 28,6931 cents lower than the previous day, at 26,989,99 cents, falling for the second consecutive day.
On the other hand, the stock index of Nasdaq, which has a lot of IT-related stocks, reached the highest price again on this day, exceeding 10,000 points for the first time at the closing price.
The Fed's outlook for the zero interest rate policy until 2022 put the Dow's average share price on the rise as it underpinned the economy, but it regained its position following Chairman Powell's meeting. It has fallen.
“The monetary policy was largely as expected, but Chair Powell was concerned about the economic outlook, which led to a sell order,” said a market official.
Also, in the foreign exchange market, dollar selling strengthened in response to the decline in long-term interest rates from the perspective that the US zero interest rate policy will be prolonged, and the yen exchange rate temporarily strengthened to 1 dollar = 106.99 yen. It was.