In the New York stock market on the 2nd, the Dow Jones Industrial Average rose sharply to over $ 500 due to an increase in buy orders, partly due to some relief from the fear of a slowdown due to the tightening of US monetary policy.
The closing price of the Dow Jones Industrial Average on the New York Stock Exchange on the 2nd was 33,891.35 cents, which is 596.40 cents higher than the previous day.
The Dow Jones Industrial Average has risen for the first time in three business days.
Buy orders increased as the Fed's monetary tightening was somewhat less cautious about the Fed's monetary tightening after a statement at a parliamentary hearing by Fed Chairman Powell, the central bank of the United States.
The Nasdaq stock index, which has many IT-related stocks, also rose significantly by 1.6%.
Market officials said, "Chairman Powell has been somewhat wary of how to proceed with a rate hike, saying he would propose a normal rate hike of 0.25% at this month's monetary policy meeting. Concerns about the effects of economic sanctions and rising crude oil prices are deep-rooted, and volatile price movements are likely to continue for the foreseeable future. "