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Reuters = Yonhap News
The New York stock market began to mix due to breathtaking and worsening US unemployment indicators following the break of the Dow 30,000.
At 9:35 am on the 25th (Eastern time), the Dow Jones 30 Industrial Average on the New York Stock Exchange (NYSE) was trading at 29,940.28, down 105.96 points (0.35%) from the battlefield.
The Standard & Poor’s (S&P) 500 index traded at 3628.07, down 7.34 points (0.20%) from the battlefield, while the tech-oriented Nasdaq index traded at 10.2061 , 79, up 25.01 points (0.21%).
At the start of the 24th, the Dow Index rose above the 30,000 line for the first time in history and the stock market showed a strong uptrend, driven by the recent business cycle.
The fact that a new coronavirus vaccine (Corona 19) will soon be available has given the stock market a boost. When a vaccine is released, there is great hope that economic activity will return to normal next year.
Also, the fact that US President-elect Joe Biden initiated the power transfer process to reduce political uncertainty. Former Federal Reserve Chairman Janet Yellen’s next finance minister was a factor underpinning investment sentiment.
However, on this day, the anticipation and feeling of seeing after a short-term surge is somewhat dominant.
International oil prices have risen. The price of West Texas crude oil (WTI) in January was up 1.54% to $ 45.60, up 1.54% from the previous trading day, while Brent crude was up 1.54% from the previous trading day. 1.11% to $ 48.39.
Reporter Lee Ji-young [email protected]
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