In the New York stock market on the 3rd, which was the first transaction this year, interest rate hikes continued in the United States, and there was growing concern about the economic slowdown. , fell nearly $300, closing down $10.
The New York stock market on the 3rd, which was the first transaction this year, was unstable.
Immediately after the start of trading, there was a scene where prices rose, but the view that demand for products of both IT giant Apple and electric car maker Tesla was sluggish spread, selling orders increased, and the Dow Jones Industrial Average stock price rose. At one point, the price dropped to nearly $300.
After that, there was also a buyback movement, and the closing price of the Dow Jones Industrial Average was $33,136.37, which is $10.88 lower than at the end of last year.
The Nasdaq stock index, which has many IT-related stocks, also fell 0.7% compared to the end of last year.
Among investors, there is a deep-rooted concern that the FRB = Federal Reserve Board will continue to raise interest rates and the economy will slow down.
A market insider said, ``There were many investors who were concerned about the impact of political turmoil on the economy, as the majority Republicans could not get together in the US House of Representatives and the Speaker of the House could not be elected.''
Yen exchange rate 1 dollar = 130 yen range
In the New York foreign exchange market on the 3rd, the yen exchange rate fluctuated slightly, trading around the 130 yen level to the dollar.
In the Asian foreign exchange market on the 3rd, the yen exchange rate rose to the mid-129 yen level to the dollar for the first time in seven months due to speculation that the Bank of Japan would continue to revise its monetary easing.