Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

The Impacts of Different Phrases of COVID-19 on the U.S. Stock Market and How Investors Reacted

Authors
Mengfei Yan1, *
1Western Michigan Institute, Guizhou University of Finance & Economics, Guiyang 550000, China
*Corresponding author. Email: mcm0216@wmich.edu
Corresponding Author
Mengfei Yan
Available Online 26 March 2022.
DOI
https://doi.org/10.2991/aebmr.k.220307.455How to use a DOI?
Keywords
Omicron; Stock market; Investors
Abstract

This study explores the initial impact of the COVID-19 on the U.S. stock market. According to the daily data of S&P 500, Nasdaq and DJI, this paper investigates the reactions of the U.S. stock market when Omicron was found. In addition, to predict the future movement of the U.S. stock market, this paper compared and analyzed the previous outbreaks on March 2020 and June 2021 respectively. Especially, it finds that there was a short-term decline after the outbreak but the market will return in a longer period. Moreover, as epidemics become more normalized and people become more experienced in dealing with them, the impact of new outbreaks on the stock market will be less serious. Overall, the analysis of the volatility of the stock market can help investors find a strategy for investments that can contribute to reducing the risk during the event of a continuously pandemic crisis.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.220307.455How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Mengfei Yan
PY  - 2022
DA  - 2022/03/26
TI  - The Impacts of Different Phrases of COVID-19 on the U.S. Stock Market and How Investors Reacted
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2799
EP  - 2804
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.455
DO  - https://doi.org/10.2991/aebmr.k.220307.455
ID  - Yan2022
ER  -