The Dow plunged more than 100 points, took profits, smashed the market.

[Vison]

The Dow plunged more than 100 points, took profits, smashed the market. After the previous rush

The Dow fell more than 100 points today on investor take profit orders. After surging more than 700 trading points in the past 2 days

As of 22.39 hours, the Dow Jones Industrial Average was 30,540.07, negative 147.41 points, or 0.48%.

Alphabet and Amazon share prices all jumped in trading today. After disclosing a higher-than-expected earnings forecast

The Dow closed 1.5 percent higher yesterday, having rallied for a second straight day, boosted by hopes that the US government will push back on a new round of stimulus. Of Alphabet and Amazon stock Including the number of people who have been infected with the COVID-19 virus New US counterparts who fell for the third consecutive week

Meanwhile, the CBOE Volatility Index or CBOE Volatility Index (VIX) is a measure of market investor anxiety. Tumbled to the lowest level in one week yesterday. After investors began to relieve anxiety about the phenomenon GameStop.

The volatility in the market due to GameStop shares prompted the US House of Representatives Financial Services Commission to hold a hearing on Feb. 18, while US Treasury Secretary Janet Yellen. Will hold a special meeting with the financial regulator this week To discuss such fluctuations

The share price of GameStop, a popular US video game store, jumped 10 percent on Thursday after the company announced a boost from Amazon executives. And e-commerce experts Which is expected to help revive the situation of the company

GameStop announced that Matt Francis, who previously worked with Amazon Web Services and QVC It will take over as chief technology officer this month.

GameStop also named two new VPs with e-commerce experience.

It is expected that changes in the management of the said company. It will help improve GameStop's commerce and e-commerce revenue, rather than rely solely on the revenue from customers entering the store.

The White House revealed that President Joe Biden will meet with Democrats at the White House today. To discuss economic stimulus measures

President Biden hopes to push the measure through to Congress approval. Despite protests over the $ 1.9 trillion raised by Republicans.

President Biden previously met with 10 Republican senators at the White House on Monday, saying he needed support from both Republicans and Democrats for the campaign. Through such economic stimulus measures This includes a grant for the unemployed in the United States. And funding for COVID-19 vaccination To the Americans

Today's US economic figures released, Automatic Data Processing, Inc. (ADP) and Moody's Analyst, said US private sector employment rose 174,000 in January. . Higher than analysts had forecasted at 49,000 positions.

The ADP has also revised the number of private sector jobs in December to a drop of 78,000, from the previously reported 123,000 drop.

The US Supply Management Institute (ISM) said the US service sector index rebounded to 58.7 in January, the highest level since February 2019 from 57.7 in December. Higher than analysts had predicted at the 56.8 level.

The index has now rebounded before the coronavirus outbreak in the US.

The US service sector index was driven by a spike in new orders and jobs.

The index remains above 50, indicating an expansion in the service sector.

ISM's service sector index is comprised of 17 industry segments, including real estate, transportation, construction and mining.