Middle East Tensions, Soaring Oil Prices, and Bond Selling... New York Stock Markets Fall Across the Board (Roundup)
6 Articles
6 Articles
The three major New York stock indices all closed lower on the 1st (Eastern Time), following a surge in international oil prices and continued global bond selling pressure as the conflict between the U.S. and Iran intensified. The Dow Jones 30 Industrial Average finished trading at 52,766.88, down 419.02 points (0.79%) from the previous close. The Standard & Poor's (S&P) 500 index fell 54.67 points (0.71%) from the previous close
(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 1st (local time), due to concerns about inflation stemming from the resumption of hostilities between the U.S. and Iran and a surge in international oil prices, the three major indices of the New York stock market...
The U.S. stock market closed lower as the U.S. and Iran resumed military clashes. The domestic stock market is also expected to open lower on the 2nd due to the burden of rising oil prices and interest rates.
On November 1st, the Dow Jones Industrial Average on the New York Stock Exchange fell for the third consecutive trading day, closing down 419.02 points at 52,766.88. Selling orders dominated due to concerns about accelerating US inflation, fueled by rising oil prices due to heightened tensions in the Middle East.
The New York stock exchange closed lower today as rising geopolitical tensions drove up oil prices and bond yields. At the close, the Dow Jones index fell 0.79 percent to 52,766.88 points.
At the opening, the Dow Jones index fell 0.19 percent to 53,083.58 points. The S&P 500 index decreased by 0.66 percent to 7,635.47 points, and the Nasdaq index dropped 1.29 percent to 26,031.67 points. Geopolitical developments in the Middle East affected the markets...
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