The Dow Jones Industrial Average fell by more than $ 300 at one point in the New York stock market on the 6th due to caution that monetary tightening will accelerate and the economic recovery will slow down in the United States.
The New York Stock Exchange on the 6th is expected to accelerate monetary tightening triggered by the minutes of the Fed's meeting last month announced on that day, and long-term interest rates will temporarily be about 3 years. After rising to the 2.6% level for the first time, the number of sell orders increased due to concerns that the economic recovery would slow down.
The Dow Jones Industrial Average fell by more than $ 300 at one point, closing at $ 34,496,51 cents, down $ 144,67 from the previous day.
The Nasdaq stock index, which has many IT-related stocks, fell sharply by 2.2%.
Market officials said, "In the minutes of the Fed's meeting, there were discussions that many of the participants thought that a double rate hike would be appropriate for future meetings and that they would reduce their assets. It became clear that it was perceived that monetary tightening would accelerate. "