On the 20th, the New York stock market moved to buy back mainly stocks that dropped sharply the day before due to expectations that corporate performance would improve, and the Dow Jones Industrial Average temporarily rose sharply to over $ 600.
In the New York stock market on the 20th, expectations for improvement in business performance spread from the contents of the company's financial results announced recently, and there is a movement to buy back mainly stocks that dropped sharply the day before, and the Dow Jones Industrial Average is temporarily , The price has increased significantly by over $ 600 compared to the previous day.
The closing price of the Dow Jones Industrial Average was $ 34,511.99, up $ 549.95 from the previous day.
Concerns about the spread of the variant virus "Delta strain" confirmed in India spread in the market the day before, and the Dow Jones Industrial Average closed at over $ 700, the largest drop.
Market officials said, "Investors who placed sell orders to avoid risks the day before turned to buybacks. However, investors are wary that the spread of the mutant virus will slow the economic recovery. Is persistent and is likely to continue to influence stock price trends. "