The market environment of flange foreign trade from the perspective of stock market

It is said that the stock market is a barometer of the economy, which is no stranger to those who study economics. As a flange manufacturer, we do flange foreign trade business. We should also always pay attention to the economic environment faced by flange foreign trade. Today, we look at the market environment faced by foreign trade in flange from the stock market situation. The world economy looks at Wall Street. Recently, we can see that the three major stock indexes of the New York stock market fell sharply yesterday. From the international news, we can see that the employees of the New York stock exchange are also suffering from anxiety. We understand that the three major stock indexes of the New York stock market fell sharply on the 13th due to the market's concern about the aggressive interest rate hike of the Federal Reserve and the possible recession of the US economy. As of the close of the day, the Dow Jones Industrial Average fell 876.05 points to 30516.74 points, or 2.79%, compared with the previous trading day; The S & P 500 stock index fell 151.23 points, or 3.88%, to close at 3749.63; The Nasdaq composite index fell 530.80 points, or 4.68%, to 10809.23. The decline of the stock market will cause people's panic, and the stock markets of various countries will slowly follow suit, which will not only have an adverse impact on other industries, but also have an impact on our flange foreign trade industry. We will also adopt a gradually tightened production state. In the later stage, the flange sales of Shanxi Haokun flange Group Co., Ltd. will shorten the collection period. We hope our flange purchasers can understand and cooperate. Of course, we suggest that flange purchasers who can determine the purchase plan as soon as possible purchase in advance to avoid shortening the payment collection period or raising the price risk.