[뉴욕증시]The first trading day of the new year closes down at once

[샌프란시스코=뉴스핌]Correspondent Na-rae Kim = The US New York Stock Market closed down all at once on the 4th (local time) when the first trading of the new year began.

[뉴욕 로이터=뉴스핌] Reporter Won-jin Choi = A pedestrian in Manhattan, New York, USA is passing in front of the New York Stock Exchange (NYSE) building. 2020.11.24

On that day, the Dow Jones 30 Industrial Average on the New York Stock Exchange (NYSE) fell 382.59 points (1.25%) from the previous trading day to 3,223.89. The Dow index fell more than 700 points during the intraday, recording the largest drop since October last year.

The Standard & Poor’s (S&P) 500 index fell 55.42 points (1.48%) to 3700.65, while the technology stocks Nasdaq index fell 189.84 points (1.47%) to 12,698.45. The Nasdaq index is the biggest drop per day since the 9th of last month.

The continued spread of Corona 19 and uncertainty over the final voting for the Georgia Senate elections in the U.S. brought down investor sentiment in the market.

If the Democrats win the Georgia elections, the Democrats will in fact take over the majority of the Senate. This makes it easier for President-elect Joe Biden to legislate his own economic policies. In particular, there has been a growing sense of anxiety that the corporate tax rate will rise significantly, putting a burden on companies.

“Investors are tense on the first trading day of the new year,” said Lindsey Bell Airlie, chief investment strategist at Invest. “The two seats in the US Senate have increased insecurity.”

The spread of Corona 19 is still burdening the market. British Prime Minister Boris Johnson said in a speech to the public that the third national blockade will be held from midnight.

By stock, Tesla’s share price hit an all-time high again. Tesla finished at $729.77, up $24.10 (3.42%) compared to the previous trading day on news of car shipments last year. In addition, the stock price of Quantumscape in the US, an electric vehicle battery startup, plunged nearly 40% on the same day.

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