In the New York stock market on the 10th, sell orders swelled due to concerns about the impact on the financial industry following the bankruptcy of an American bank, and the Dow Jones Industrial Average fell for four consecutive days.
The New York stock market on the 10th, based in Western California and known for lending to start-up companies, "Silicon Valley Bank" went bankrupt. swelled up.
As a result, the Dow Jones Industrial Average fell by more than $400 at one point, closing at $31,909.64, down $345.22 from the previous day.
The Dow Jones Industrial Average fell for the fourth day in a row, and the decline during this period exceeded $ 1,500.
The Nasdaq stock index, which has many IT-related stocks, also fell sharply by 1.7%.
A market insider commented, "While concerns over the pace of interest rate hikes in the United States have receded somewhat in response to the employment statistics announced today, the impact of the failure of Silicon Valley Bank is uncertain. , There were many investors who placed sell orders for the time being."