Indices in the USA Started the Day by Fluctuating
Indices in the
USA started the day by fluctuating. At its opening Wednesday, September 23rd, the Dow Jones index gained 0.45 percent and was traded at 27,409.87 points.
Indices in the United States started the day with a mixed course. The S&P 500 index gained 0.12 percent from 3,319.40 points, and the Nasdaq index rose 0.21 percent to 10,940.85 points.
Increasing concerns about the coronavirus epidemic and uncertainties regarding the economy were largely influenced by the volatility in the indices.
President Jerome Powell, who made a presentation at the Financial Services Committee of the House of Representatives yesterday, stated that the steps taken to combat the economic effects of the coronavirus epidemic that affected the world are effective, but Congress may need to spend more money for the economic struggle.
Analysts, who made evaluations on the subject, announced that the Fed Chairman Powell's presentation to the House of Representatives Subcommittee on the Coronavirus Crisis will be monitored today.