NY stock plunges $1,860 down Corona worries about "second wave" June 12 5:32
The New York Stock Market on the 11th plunged. It can be said that this is a reaction to the rise in stock prices, but fears that the new coronavirus infection will spread again will sharply raise concerns about the future of the economy, the Dow average stock price has dropped by $1860, and the price range has fallen 4 times. It became the second largest.
The closing price of the New York Stock Market Dow Average stock price on November 11 closed at 25,128,17 cents, which is 1861,82 cents lower than the previous day.
This is the biggest drop in price since March 16th, and it is the fourth largest drop ever.
The Federal Reserve Chairman of the Federal Reserve Board, the Federal Reserve Bank of the United States, said in a press conference on the 10th of the previous day that he was concerned about the future of the economy. It is a form that has taken over the trend of a sharp drop in stock prices.
In the market, concerns about the economy have risen suddenly in the wake of Chairman Powell's remarks, and the number of people infected with the new coronavirus is increasing in the United States. The view that it might be affected has grown.
A market official said, "There has been no major change in the current economic situation, but there has been a recent rise in stock prices, which has also been a steadily rising trend, and the price has fallen sharply."