[Breaking News] NY market plunges by $1,200 at one point, the drop in …
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On the 18th, the Dow Jones Industrial Average fell sharply in the New York Stock Exchange, exceeding $1,200 at one point, and the drop in the closing price was the largest in about two years. On the 18th, sell orders swelled across a wide range of stocks, and the Dow Jones Industrial Average fell sharply, exceeding $1,200 at one point. The closing price ended trading at $31,490.7, down $1,164.52 from the previous day. The drop in the closing price was the largest in about two years since June 2020. Target, a major retailer, announced its three-month financial results on this day, reporting a significant decrease in profits, falling short of market expectations following the announcement on the 17th by the largest retailer, Walmart. As a result, concerns have grown that corporate earnings will deteriorate due to rising costs such as fuel and labor costs against the backdrop of record inflation.
On the 18th, the Dow Jones Industrial Average fell sharply in the New York Stock Exchange, exceeding $1,200 at one point, and the drop in the closing price was the largest in about two years. On the 18th, sell orders swelled across a wide range of stocks, and the Dow Jones Industrial Average fell sharply, exceeding $1,200 at one point. The closing price ended trading at $31,490.7, down $1,164.52 from the previous day. The drop in the closing price was the largest in about two years since June 2020. Target, a major retailer, announced its three-month financial results on this day, reporting a significant decrease in profits, falling short of market expectations following the announcement on the 17th by the largest retailer, Walmart. As a result, concerns have grown that corporate earnings will deteriorate due to rising costs such as fuel and labor costs against the backdrop of record inflation.
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