<Anchor> The
New York Stock Market, which closed just before, collapsed at once.
Analysis is emerging as to whether the New York stock market, which seemed to be rough with a record high yesterday (3rd), stopped rising.
This is Kim Jong-won's correspondent from New York.
<Reporter> The
NASDAQ, which recorded a record high of 12,000 for the first time yesterday, plunged 5% in just one day.
The technology-oriented S&P 500 index plunged 3.5%, and the Dow index fell nearly 3%.
Even when the economy is in crisis due to Corona 19, U.S. stocks, which were criticized as ``extraordinary,'' continued to rise sharply even when the economy was in crisis.
Meanwhile, major IT stocks such as Apple, Microsoft, and Amazon, which were rather special due to Corona, have driven the US stock market, but Apple's stock price plunged 8% in one day, leading the market down today.
The number of large IT stocks continued, with Microsoft dropping 6% and Amazon dropping close to 5%.
Experts analyzed that today's collapse was attributable to market anxiety about IT stocks, which continued to rise rapidly amid no signs of subsidence of the corona crisis.
Some also commented that this plunge is only a temporary phenomenon.
[Victoria Fernandez/Crossmark Global Senior Strategist: Since the stock market crashed in March, the stock price has been beating up to 50-70%.
In my view, today's plunge is just a temporary phenomenon, and in the long run, I think the stock price will jump more.]
However, there is a diagnosis that stocks, which have only
risen
regardless of the economic situation, will enter a correction tax.