The Dow Jones Industrial Average (DJIA) climbed 1.15% on Friday after a broad miss from US Nonfarm Payrolls (NFP) and other key labor data revealed a steep weakening in the US domestic economy, sparking increased bets of rate cuts from the Federal Reserve.
Dow Jones gains 400-plus points as investors raise bets on rate cuts. US data broadly softer on key labor print. Tech stocks dragging Dow Jones higher. The Dow Jones Industrial Average climbed 1.15% on Friday after a broad miss from US Nonfarm Payrolls and other key labor data revealed a steep weakening in the US domestic economy, sparking increased bets of rate cuts from the Federal Reserve. The US added fewer jobs than expected in April, and the Unemployment Rate ticked higher.
trades north of the 200-day EMA at 36,800.58. Dow Jones five-minute chart Dow Jones daily chart Dow Jones FAQs What is the Dow Jones? The Dow Jones Industrial Average, one of the oldest stock market indices in the world, is compiled of the 30 most traded stocks in the US. The index is price-weighted rather than weighted by capitalization. It is calculated by summing the prices of the constituent stocks and dividing them by a factor, currently 0.152.
? There are a number of ways to trade the as a single security, rather than having to buy shares in all 30 constituent companies. A leading example is the SPDR Dow Jones Industrial Average ETF .
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones Industrial Average advances as US data feeds rate cut expectationsThe Dow Jones Industrial Average (DJIA) advances for the second day in a row as higher-than-expected US Jobless Claims figures endorse the view of three interest rate cuts in 2024, starting in June.
Read more »
Dow Jones Industrial Average picks up following a strong US employment reportDow Jones trims losses following upbeat US employment data.
Read more »
Dow Jones Industrial Average consolidates with the market awaiting US CPI dataWall Street opens the week with marginal gains with investors relieved by decline in Oil prices.
Read more »
Dow Jones Industrial Average drops further with US inflation on focusWall Street turns lower with investors turning cautious ahead of US CPI release.
Read more »
Dow Jones Industrial Average dives after string US inflation figuresWall Street indexes plunge as US inflation dampens hopes of Fed rate cuts in June.
Read more »
Dow Jones Industrial Average remains on the defensive amid fading Fed easing hopesDow Jones index trades lower for fourth consecutive session this week with Wall Street mixed.
Read more »