New York Stock Exchange Dow Jones Industrial Average Slightly Down

New York Stock Exchange Dow Jones Industrial Average Down Slightly May 23 at 5:56 am

The Dow Jones Industrial Average on the New York Stock Exchange on July 22 was a small drop.
The closing price of the New York Stock Exchange Dow Jones Industrial Average on The 22nd was 16 cents to $24,465, 96 cents cheaper than the previous day.

On this day, sales orders were ahead of fears that the conflict between the United States and China would intensify again, and there was a movement to refrain from a deal.

Three months after the new Coronavirus spread, the New York Stock Exchange’s stock price plunge, the Dow jones industrial average is still 15 percent cheaper than it was before the plunge after a 22-day deal.

On the other hand, the Nasdaq stock index, which has a large number of IT-related stocks, has returned to minus 2.6 percent compared to before the plunge, almost recovering to pre-plummet levels.

The IT-related industry is less susceptible to the new coronavirus, and the pace of stock recovery is faster than the Dow Jones Industrial Average, with Amazon and video distribution giant Netflix hitting record highs.

However, some have pointed out that the ultra-monetary easing, which can be called a response to the crisis, is because funds are flowing into the stock market.