[New York Jiji Press] New York stock prices fell for the third consecutive trading day on Monday, the 5th, as concerns about the U.S. economy grew and investor sentiment worsened. The Dow Jones Industrial Average, which is composed of blue-chip stocks, closed at $38,703.27, down $1,033.99 from the previous week’s closing price. The decline was the largest in nearly two years since September 2022. At one point it fell by more than $1,200. The Nasdaq Composite Index, which is dominated by technology stocks, closed down 576.08 points at 16,200.08. The US employment statistics released on the 2nd were disappointing, which led to a rapid rise in concerns about the economy and a sharp drop in US stock prices that day. On the 5th, the Nikkei Stock Average recorded its biggest drop ever in Tokyo, and Asian and European markets also weakened, causing a global stock market downturn. Jiji Press Foreign Affairs Department Delivered on August 6, 2024 at 06:20.
Takahashi Yoichi: “Abenomics has been a great success! Just look at the unemployment rate and stock prices! I don’t invest in stocks because when I make a loss, I lose all my assets at once lol” He might actually be a decent guy, just defending himself as an Abe brain.
>>14 Ueda-san says that with such a tired look on his face? I really feel sorry for Ueda-san this time. Greedy stock-loving people are trashing him, but Ueda had no choice but to do what he did. It’s all because of what Abe and Kuroda left behind.
The trains are stopped. He should write a suicide note saying that it’s Kuroda, Kanda, Ueda, and Kishida’s fault and then die. It wouldn’t make the news.
>>34 The yen also rose sharply in the exchange rate, so it probably just fell due to panic selling. Nikkei futures are actually recovering. The Nikkei’s downward trend will not change due to US stocks and the exchange rate, but it will recover a little today.
Bank of Japan policy interest rate -0.10→0.10 (April)→0.25 (August)→0.50 (December forecast) US policy interest rate 5.50→5.50 (July)→5.00 (September forecast).
The world is in a complete simultaneous stock market crash. Well, in recent years, it’s become a playground for capitalists whose performance has not been commensurate with the real economy or corporate performance. They’re probably laughing out loud that it’s time to reap the harvest.
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