The Dow Jones Industrial Average fell by more than $ 400 on the 1st in the New York stock market as sell orders increased after the first confirmed infection of the new mutant virus, Omicron, in the United States.
The closing price of the Dow Jones Industrial Average on the New York Stock Market on the 1st was $ 34,022,4, down $ 461.68 from the previous day.
In the morning, buy orders swelled and the price increased by more than $ 500 compared to the previous day, but in the afternoon it was reported that a new mutant virus, Omicron strain, was confirmed for the first time in the United States. Due to the caution about the impact of the mutant virus on the US economy, the number of sell orders increased and the price began to decline.
The Dow Jones Industrial Average fell sharply by more than $ 650 the day before, and the rate of decline exceeded $ 1000 in two days.
The Nasdaq stock index, which has many IT-related stocks, also fell by 1.8%.
Market officials said, "It is unclear how much the U.S. economy will be affected by the infection of Omicron stocks, but many investors have placed sell orders for the time being. For the time being, the stock price will fluctuate significantly due to information on Omicron stocks. Stable price movements are likely to continue. "