In the New York stock market on the 20th of the week, the Dow Jones Industrial Average temporarily dropped by more than $ 600 due to concerns about the impact of the spread of the mutant virus Omicron on the global economy.
The New York stock market on the 20th sold to a wide range of stocks immediately after the start of the transaction due to growing concerns about the impact on the world economy, such as restrictions on economic activities in Europe and the United States where the infection of Omicron stocks is spreading. Orders expanded and the Dow Jones Industrial Average temporarily dropped by more than $ 600 compared to last weekend.
Market officials said, "In addition to the spread of the Omicron stock, the central bank of China has lowered the index of interest rates, which is the actual policy rate, and uncertainty about the future of the economy is widening. In the United States, to respond to inflation. Many investors place sell orders to avoid risks, partly because they are wary of an early rate hike next year. "
Stock price drops in European markets
In the European stock market on the 20th of the week, there was a deep-rooted sense of caution that the spread of the Omicron strain of the mutant virus would affect economic activities, and stock prices in major markets fell.
The closing prices of the major stock indexes fell 1.8% in the Frankfurt market in Germany, 0.9% in the London market and 0.8% in the Paris market compared to last weekend.
Market officials said, "If regulations are tightened due to the increase in infected people, the impact on economic activities will be serious, and there is a growing sense of caution."Keywords: