The Dow fell more than 200 points today amid concerns about the coronavirus pandemic. new wave in europe which will affect the world economy
At 9:35 p.m. Thai time, the Dow Jones Industrial Average stood at 35,667.88 points, minus 203.07 points or 0.57%.
The Dow is down 0.6% from the beginning of the week. and is likely to decline for the second week in a row
Groups that benefit from opening up economies include airlines and cruise ships. are falling today The energy sector also fell. According to the collapse in oil prices
German Health Minister Jens Spahn said today The current situation with the spread of COVID-19 In Germany there was a lot of violence. As a result, the government may have to implement various measures. Not even the lockdown measures.
“We are in a situation where we cannot rule out any options. Even if this makes it big news in the media,” Spahn said.
The number of people infected with COVID-19 The daily tally in Germany jumped to more than 50,000, bringing the country’s cumulative total to more than 5.2 million infections and nearly 100,000 deaths.
Germany’s warning comes After the Austrian government announced a nationwide lockdown. Among the number of people infected with the Covid-19 virus that continued to rise
Investors are eyeing the new president of the US Federal Reserve (Fed) by President Joe. Biden may nominate the next Fed chair this weekend.
Fed Chairman Jerome Powell and Fed governor Lael Bernard are the two favorites to be named as the new Fed chairman. Mr Powell will complete his four-year term in February 2022.
It is expected that If Biden nominates Powell as Fed chairman for a second term, he could nominate Brenard as Fed vice president of governance. This will be responsible for setting rules for the Wall Street stock market.
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