[SEN]New York Stock Markets fell at once on weak technology stocks… NASDAQ 1.69%↓

[서울경제TV=서정덕기자] The New York stock market ended lower at the same time due to weak technology stocks.

On the 2nd (local time), the Dow Jones 30 Industrial Average ended at 31,391.52, down 143.99 points (0.46%) from the battlefield. The Standard & Poor’s (S&P) 500 index also ended at 3,870.29, down 31.53 points (0.81%), while the Nasdaq fell 230.04 points (1.69%) to 13,358.79 amid weak technology stocks.

On this day (1st local time), volatility increased in technology-oriented profit-taking sales such as Tesla (-4.45%), Apple (-2.09%), and Amazon (-1.64%).

The U.S. 10-year Treasury yield, which recently fueled volatility in the market, fell to 1.390% during the market and ended at 1.398%. Treasury yields, which soared to 1.6% last week, have truly entered the market, but there is still an atmosphere in the market that government bond yields can rise again at any time during the economic recovery.

News about the novel coronavirus infection (Corona 19) vaccine was also followed. Following J&J’s approval for emergency use of the COVID-19 vaccine, the Joe Biden administration announced that Merck would be in charge of the production of Johnson & Johnson’s COVID-19 vaccine, raising anticipation for an end.

As expectations for expanding the spread of the Corona 19 vaccine increased, tourism and cruise related items such as Carnival (4.87%) and Royal Caribbean Cruise (2.48%) showed an uptrend despite a bearish market.

International oil prices continued to weaken in the possibility of increasing production in oil producing countries. West Texas crude oil (WTI) for April delivery on the New York Commercial Exchange (NYMEX) closed at $59.75, down $0.89 (1.5%) per barrel from the previous day. /[email protected]

/ Seo Jeong-deok [email protected]

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