The Dow Jones Industrial Average on the New York stock market rose on the 7th, hitting a new high for the third consecutive day.
Employment statistics fell far short of market expectations, leading to widespread belief that current monetary easing will continue for the foreseeable future, leading to buy orders.
The Dow Jones Industrial Average closed on the 7th at $ 34,777.76, up $ 229.23 from the previous day, a record high for the third consecutive day starting the 5th of this month.
The April employment statistics released before the start of the transaction on that day were far below market expectations, but on the contrary, the view that the current monetary easing will continue for the time being has spread in the market, leading to buy orders. ..
In addition, as long-term interest rates fell sharply in response to employment statistics, there was a move to buy back IT-related stocks, and the Nasdaq stock index, which has many of these stocks, also rose.
In the foreign exchange market, the dollar was sold and the yen was bought due to the decline in interest rates, and the yen appreciated and the dollar weakened to the 108.30 yen level at one point.