Wall Street'S "Angry Day" Fell Sharply In The US Stock Market &Nbsp; The Three Major Indexes Opened On Monday.

Usually, it gets quiet quickly every weekend.

Under the influence of the demonstrations, the three major U.S. stock indexes plunged sharply on Monday.

As of 21:55 Beijing time, the Dow Jones index dropped 226.64 points in the more than 20 minutes after opening, to 11282.45, or 1.97%; the NASDAQ index dropped 53.96 points to 2568.35, or 2.06%; the S & P index dropped 25.18 points to 1190.83, or 2.07%.

high

Observers say the high unemployment rate is the main fuse for demonstrations.

According to the latest employment statistics released by the US Department of labor in August, employment in 30 states in the United States declined in August, especially in New York.

Employers cut 22 thousand jobs in New York this month, highlighting New York's economic and employment situation.

More demonstrators are targeting the big financial institution, the initiator of the financial crisis.

"We came here to express our disappointment.

President Obama promised to make the big banks responsible for what they did in the election campaign, but now everything remains the same.

Their company executives get more bonuses at the end of the year than they pay to the state. "

New York University student Camilla Pinto said in an interview, "we represent the 99% of society, and we no longer tolerate that 1% of greed and corruption."

This demonstration is one of the largest demonstrations that New York has encountered in recent years.

New York Mayor Bloomberg worries about this. He said that if the US government does not take effective measures to expand employment and take effective and effective measures to deal with it, there may be street riots like Egypt and Spain.

US government blows

Just this week, a series of measures that the US government is about to take will blow the attack horn to Wall Street.

Local time this Tuesday, the Federal Reserve will hold its first hearing to hear the first capital finance group's $9 billion acquisition of Holland International Group's online banking business.

Next, the Federal Reserve will hold two similar hearings on this paction.

Analysts pointed out that since the financial crisis, the US government has paid close attention to mergers and acquisitions of large banks, and should conduct pre assessment before mergers and acquisitions, so as to prevent M & A from being too big to fail.

On Monday, the US President Obama will throw another "blockbuster".

According to reports, Obama will submit to Congress a "Buffett rule" tax increase plan, so that the annual income of more than 1 million dollars of the rich to increase taxes, and promote tax balance.

However, many analysts pointed out that it is doubtful that Obama's seemingly good plan will be effective.

The target of the tax increase scheme is the rich who earn more than 1 million dollars a year. The total number is less than 450 thousand, accounting for only 0.3% of the total number of taxpayers in the United States.

More analysts pointed out that the low tax burden of the rich in the United States is largely due to the fact that their investment income can get a certain tax exemption. Once the tax increases, the investment enthusiasm of the US will be hurt. This will make the stagnant US economy worse.