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[AP=연합뉴스]
On the New York Stock Exchange, major indices fell sharply with the rebound in oil prices and the fall in the strength of the dollar and Apple.
The Dow Jones Industrial Average fell 602.12 points (2.32%) to close at 25,387.18 on the New York Stock Exchange (NYSE) on Wednesday.
The Standard & Poor's 500 index fell from 54.79, or 1.97%, to 2,726.22%, while the Nasdaq composite index, highly technology-driven, has fell from 206.03, or 2.78%, to 7,200.87.
Investors were worried about the slowdown in the global economy.
Apple sold 5.04% while the maker of sensor components iPhone LumenTerm HOLDINGS lowered its earnings guidance for the second half of fiscal 2010.
LumenTerm HOLDINGS said it asked Apple customers to reduce their shipments, although Apple does not refer to larger customers under the Apple name, but most of the light holdings were delivered to Apple.
JP Morgan lowered Apple's target price a second time this month, pending a drop in iPhone sales due to slowing consumer confidence in emerging markets and the US. strengthening of the dollar.
Apple's worries rose, other technology shares fell sharply and technology-based SPDR dipped 3.5%. The Nasdaq returned to the adjustment zone, which was the first time this month.
The New York Stock Exchange has met a dubious dollar called the strong dollar. The dollar index, which reflects the dollar value of the six major currencies, has reached its highest level since last June. The strength of the dollar is weighing on the exports of American companies.
The inability of oil prices to rebound in anticipation of budget cuts has also helped to weaken the course of action.
International oil prices, which were causing concern as they entered the bear market, began to rebound, as OPEC members and 10 non-oil ministers from major oil producing countries discussed the possibility of oil prices. 39, a reduction, but it has finally decreased.
West Texas Intermediate (WTI) prices fell $ 0.26, or 0.4%, to close at $ 59.93 per barrel. For the first time since February.
WTI has fallen for 11 consecutive trading days to date. July 18 and 31, 1984 and continued to record the longest continuous decline since the 9 consecutive trading days.
US President George W. Bush and US Secretary of Defense Donald Trump have again raised tensions over the slow US-China trade talks.
According to the American media Axios, Trump said he felt that imposing more tariffs on foreign cars was the best trading strategy for the trade. Adding that he was able to get better results in trade negotiations with Canada because it puts pressure on cars made in Canada.
Later this month, President Trump and Chinese President Shijiazhuang will meet at the G20 summit.
According to rumors, at the end of the demonstration, the White House drafted a bill on automobile rates, rushed into the automobile state and raised the Dow to more than 600 points.
By technology, Amazon shares fell 4.41%, Google's parent company, Alphabet by 2.58% and the price of Facebook 2.0 share, by 2.35%. The Amazon entered the bear market by about 20% below the price indicated within 52 weeks.
Goldman Sachs fell for the second time after a 7.46% fall in the Malaysian public investment company 1MDB (1 Malaysian development company) due to a fraud scandal. Two Goldman Sachs employees have been indicted for their involvement in the Malaysian Slush Fund, alleging that the former CEO was suspicious. The Malaysian Finance Minister has said he will request a refund of 1MDB from Goldman Sachs.
General Electric (GE), the CEO elected at the beginning of last month, paid the company $ 8, saying the company would sell the badets. GE shares fell to $ 8.99 for the first time since March 2009, reaching $ 7.99.
The American Veterans Day (Veterans Day) has announced no major economic indicator and the US bond market has been closed.
New York stock market badysts have advised risk management as factors that affect fundamentals, such as the economy and earnings, increase.
Tom Martin, Senior Portfolio Manager at GlobalT, said: "We should consider reducing risk rather than increasing it.We are not at the starting point of a cyclical downtrend, but we need to be cautious."
According to the Chicago Mercantile Exchange (CME) Fed Watch, the US Federal Reserve's (FF) interest rate futures market was 75.8%, reflecting the possibility of a rise in interest rates. 25bp in December.
On the Chicago Option Exchange (CBOE), the volatility index (VIX) jumped 17.80% over the previous trading day and reached 20.45.
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