US stocks plummet, Dow 525 depreciates Concerns about slowing economic recovery



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[Reuters]- The US stock market has fallen sharply and closed. While the number of new coronavirus infections continued to rise, concerns about the economy increased due to stagnant indicators of the cooling of US business activity and financial stimulus measures in parliament.

The US stock market fell hard and closed. While the number of new coronavirus infections continued to rise, concerns about the economy increased due to stagnant indicators of the cooling of US business activity and financial stimulus measures in parliament. Taken in May on the New York Stock Exchange (2020 Reuters / Brendan McDermid)

Nasdak synthesis.IXICYS&P total 500 kinds.SPXIt has fallen more than 2%. S & P’s top 11 sectors have fallen, the slowest energy stock of the year.SLEEPHe led the descent.

Since the high price on September 2, the future of Corona’s new additional support bill and the sale of major tech stocks have put pressure on the US stock market.

Jason Pride, CIO of Glenmead, said the economy is at about 80% of what it was before the Corona disaster and will not return to its original state until the vaccine is put into practice. Indicated. “It is increasingly difficult to move to the next recovery and resumption phase,” he said. “It is much slower than the three months after the restart.”

Furthermore, investors are wondering where to invest while the top high-tech stocks are overvalued, but especially cheap deep-value stocks are mature industries like energy and mainstream banks. We avoid the extremes of growth and spend more in the middle. “

Powell, president of the US Federal Preparatory Board (FRB), emphasized on the 23rd that the economic recovery from the novel coronavirus has a long way to go and that both Congress and the FRB must continue their efforts to recover.

“The longer the absence of stimulus, the more difficult it will be to sustain a recovery,” said Willy Delwitch, investment strategist at Baird.

The preliminary figure for the US Purchasing Managers General Economic Index (PMI) released by IHS Markit in September was 54.4, down from 54.6 in August. As the third quarter draws to a close, the impact of the new Crown continues, suggesting that the economy is losing momentum.

The United States Department of Justice also introduced a bill to Congress today that limits the legal protection that Internet companies have been afforded.

AppleAAPL.OIt’s 4.2%, the alphabet of Google’s parent company.GOOGL.OIt’s 3.5%, Amazon.comAMZN.OIt decreased by 4.1% respectively.FB.OAlso 2.2% cheaper.

TeslaTSLA.OIt sank 10.3%. The disappointment spread on “Battery Day” when the company announced the new battery technology which was celebrated on the 22nd.

NikeNKE.NRenewed the highest price by 8.8% higher. In particular, online sales in North America are strong, offsetting the decline in physical stores.

On the New York Stock Exchange, the number of falling shares outnumbered the number of rising shares by a ratio of 7.80: 1. On NASDAQ, the number of shares that fell 5.95 to 1 was large.

The combined trading volume of the US stock market is 10.40 billion shares. It exceeded 8,680 million shares the day before.

Closing price% of the previous day Opening price High price Low price code

30 types of Dow Industrial Co., Ltd. 26763.13 -525.05 -1.92 27413.6 27464.4 26716.1 .DJI

0 6 2

Closing price last business day 27288.18

Nasdak General 10 632.99 -330.65 -3.02 10 950.8 10 962.0 10 612.9 .IXIC

3 3 2

Closing price of the previous business day 10,963.64

S & P types 500 3236.92 -78.65 -2.37 3320.11 3323.35 3232.57 .SPX

Closing price of the previous business day 3315.57

20 kinds of Dow transportation material 11 095.09 -119.92 -1.07 .DJT

15 types of Dow public shares 785.16 -14.21 -1.78 .DJU

Philadelphia Semiconductor 2126.69 -53.57 -2.46 .SOX

VIX Index 28.91 +2.05 +7.63 .VIX

S&P general consumer goods 1,163.66 -26.66 -2.24 .SPLRCD

S&P Material 387.07 -11.69 -2.93 .SPLRCM

S&P Industry 636.51 -11.42 -1.76 .SPLRCI

Main S&P consumer goods 640.35 -10.18 -1.56 .SPLRCS

S&P Finance 386.22 -8.66 -2.19 .SPSY

S & P Real Estate 210.45 -6.31 -2.91 .SPLRCR

S&P Energy 229.05 -10.91 -4.55 .SLEEP

S & P Healthcare 1188.52 -12.93 -1.08 .SPXHC

S & P communication service 189.25 -5.22 -2.68 .SPLRCL

S&P Information Technology 1946.14 -64.57 -3.21 .SPLRCT

S&P Public Welfare 290.39 -4.74 -1.61 .SPLRCU

NYSE trading volume 102 million shares .AD.N

Chicago Nikkei Futures December Contract Dollar Denominated 23 125 –65 Compared to Osaka <0#NK:>

Chicago Nikkei Futures December contract denominated in yen 23,080-110 compared to Osaka <0#NIY:>

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