The Dow Jones Industrial Average is churning in the midrange on Wednesday as markets buckle down for the wait to the kickoff of this year’s annual Jackson Hole Economic Summit on Thursday.
Dow Jones continues to churn just below 41,000.00. Equities continue to look for further signs of rate cuts from Fed . NFP payroll adjustments have bolstered bets of 100 bps in 2024. Markets continue to look for firmer signs of the Fed eral Reserve getting pushed into a rate cutting cycle in September, with bets on the rise of a 100 bps rate trim on September 18.
? 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 extends recovery rally on MondayThe Dow Jones Industrial Average (DJIA) climbed over 150 points in quiet trading on Monday as US market indexes broadly gain ground.
Read more »
Dow Jones Industrial Average bolstered by US CPI inflation into a second day of gainsThe Dow Jones Industrial Average (DJIA) gained 260 points on Wednesday after US Consumer Price Index (CPI) inflation ticked lower on an annualized basis, as markets had broadly hoped.
Read more »
Dow Jones Industrial Average continues to recover ground on WednesdayThe Dow Jones Industrial Average (DJIA) Found further room on the high end on Wednesday as market sentiment recovers its footing and equities begin the slow climb back up after a three-day bearish plunge that kicked off last week.
Read more »
Dow Jones Industrial Average falls for a third straight dayThe Dow Jones Industrial Average (DJIA) extended into a third straight day of downside momentum as equities plunge in the face of a bad batch of US economic figures signalling the growing possibility of a harder, deeper recession than most investors were prepared for in the coming months.
Read more »
Dow Jones Industrial Average soars as rate cut hopes resumeThe Dow Jones Industrial Average (DJIA) scorched 700 points higher on Friday after a close-enough-to-expectations print in US Personal Consumption Expenditures Price Index (PCE) inflation came in cool enough to allow investors to keep hopes for a September rate cut pinned to the ceiling.
Read more »
Dow Jones Industrial Average treads water on Tuesday as investors await key dataThe Dow Jones Industrial Average (DJIA) went nowhere fast on Tuesday, sticking close to the day’s opening bids as investors shuffle their feet ahead of a hectic US data schedule in the back half of the trading week.
Read more »