The New York Stock Exchange crashes for the first time in the new year … Dow, 1.25% ↓



[ad_1]

Corona epidemic concerns continue, including surge in hospitalized patients

Operator of the New York Stock Exchange.  (Photo = New York Stock Exchange website)

Operator of the New York Stock Exchange. (Photo = New York Stock Exchange website)

The New York Stock Exchange plunged in the first chapter of the new year as fears of the virus pandemic continued, including the number of patients hospitalized in the US as Corona 19 posted a record.

On the 4th (hereinafter local time), the Dow Jones Industrial Average of the US New York Stock Exchange closed at 3,223.89, a decrease of 382.59p (1.25%) compared to the closing price of the previous trading day.

The Standard & Poor’s (S&P) 500 Index fell 55.42p (1.48%) to 3700.65, while the Nasdaq Composite Index fell 189.84p (1.47%) to 12,698.45.

The major indices on the New York Stock Exchange, which closed 2020 at an all-time high, all tumbled at once on the first trading day of the new year.

The Wall Street Journal reported that on the first trading day of this year, US stock prices plummeted, falling sharply from the record set a few days ago, and investors are starting the new year with the same problem that dominated the market for most of 2020, the coronavirus pandemic.

The media wrote that many believe that economic activity will recover later this year as more people are vaccinated and businesses are able to reopen, but acknowledge that the road to recovery will be long and uneven.

Meanwhile, news about the coronavirus pandemic has been grim in recent days, saying the number of hospitalized patients in the United States hit a record on Sunday, and governments in Europe are extending containment to slow the spread of the virus.

The stock markets of the main European countries closed higher. The FTSE 100 index of the London Stock Exchange in the United Kingdom closed at 6571.88, 1.72% higher than the closing price of the previous trading day, and the CAC 40 index of the Paris Stock Exchange rose 0.68% to 5588.96.

Germany’s Frankfurt Stock Market DAX Index rose 0.06% to 13,726.74, while the pan-European Euro Stoxx 50 Index closed at 3,564.39, up 0.33%.

International oil prices fell and gold prices rose. On the same day, the New York Commercial Exchange for February delivery of West Texas crude oil (WTI) ended up trading at $ 47.62, 0.90 (1.9%) less than the closing price of the previous trading day, and the New York Merchandise Exchange for February delivery was $ 51.50 per ounce (2.7%). It closed at $ 1946.60, right.

[email protected]

Copyright © Shin-A Ilbo Unauthorized reproduction and redistribution prohibited



[ad_2]