[뉴욕증시]The level burden has increased due to overheating of the game stop… Dow 30,000 line collapse

(Photo = provided by AFP)

[뉴욕=이데일리 김정남 특파원] The New York stock market fell. The overheating pattern of some stocks, such as Game Stop, provoked the risk of the existing level burden and fell within a day. The Dow Jones 30 Industrial Average fell by 30,000.

Dow index collapses by 30,000 lines

According to Market Point on the 29th (local time), the Dow Index on the New York Stock Exchange in the United States ended trading at 29982.62, down 2.03% from the previous trading day. It fell below the 30,000 line for the first time since December 14 last year (29861.55). The Standard & Poor’s (S&P) 500 index closed at 3714.24, down 1.93%. The Nasdaq index, which is centered on technology stocks, fell 2.00% to 13,070.69. All three indices fell around 3% this week.

The topic of the market is the stock related to game stop. On this day, GameStop’s stock price soared 67.87% compared to the previous trading day at $325.00 per share. It has risen more than that again a day after it plunged 44.11% the previous day. It’s not just a game stop. AMC’s share price surged 52.76% to close at $13.26. It fell 56.57% the day before, but returned to the extent that it was close to the decline. Express shares rose 27.66%. It is truly the extreme roller coaster market.

Gamestop-related stocks rebound in one day because major securities trading applications, such as Robin Hood, restricted the sale of individual investors the day before (selling only) and allowed it again. The ants, angry with the regulations such as Robin Hood, started to buy more or less.

In a statement that day, the US Securities and Exchange Commission (SEC) said in a statement that “we are investigating potential misconduct of regulated companies in cooperation with related organizations such as the Financial Industry Regulatory Authority (FINRA).” .

The game stop roller coaster market is not yet at a stage that affects the entire index. However, it seems to be acting as a risk to further heighten the accumulated level burden since the election of US President Joe Biden. This means that the stock market is more vulnerable.

‘Extreme Roller Coaster’ Jang Se

The news of the Corona 19 vaccine raised market uncertainty. US pharmaceutical company Johnson & Johnson (J&J) said its vaccine had an average of 66% preventive effect. This is the result of conducting a phase 3 test with a total of 43,000 people since September last year. Especially in South Africa, the prevention rate was lower than expected at 57%.

Economic indicators were mixed. According to the Ministry of Commerce, personal consumption expenditure (PCE) in December of last year decreased 0.2% from the previous month. It was better than the expert estimate (a decrease of 0.4%) compiled by the Wall Street Journal (WSJ). On the other hand, the final value of the Michigan Consumer Attitude Index this month was 79.0, which was lower than the last month’s final value (80.7).

The Chicago Options Exchange Volatility Index (VIX), called the Wall Street Fear Index, recorded 33.09, up 9.53% from the previous trading day.

Stock markets in major European countries fell all at once. The UK London stock market’s FTSE 100 index fell 1.8% to close at 6407.46. Germany’s Frankfurt stock market’s DAX30 index fell 1.7%, while France’s Paris stock market’s CAC40 index fell 2.0%. The Euro Stoxx50 index, a pan-European index, fell 2.1% to 3481.44.