The Dow Jones Industrial Average (DJIA) rose into a fresh record high for the second day in a row on Tuesday as investors jostle for position ahead of the Federal Reserve’s (Fed) hotly-anticipated rate cut during the midweek market session.
The Dow Jones clipped into yet another record bid on Tuesday. Investors are tilting into the risk-on side ahead of expected Fed rate cut. Markets are split on the depth of anticipated first Fed rate cut in over four years. The Dow Jones Industrial Average rose into a fresh record high for the second day in a row on Tuesday as investors jostle for position ahead of the Fed eral Reserve’s hotly-anticipated rate cut during the midweek market session.
as it affects the cost of credit, on which many corporations are heavily reliant. Therefore, inflation can be a major driver as well as other metrics which impact the Fed decisions. What is Dow Theory? Dow Theory is a method for identifying the primary trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Average and the Dow Jones Transportation Average and only follow trends where both are moving in the same direction.
. One is to use ETFs which allow investors to trade the
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 coils ahead of Jackson HoleThe 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.
Read more »
Dow Jones Industrial Average pares back after US PMI missThe Dow Jones Industrial Average (DJIA) shed some weight on Thursday, easing back around 200 points after a misfire in US Purchasing Managers Index (PMI) figures gave investors a reason to pause.
Read more »
Dow Jones Industrial Average breaches all-time highs on tepid MondayThe Dow Jones Industrial Average (DJIA) slipped higher to test a new record high of 41,419.65 on Monday, but investors are still recovering from last Friday’s surge after the Federal Reserve (Fed) all but confirmed that a new rate-cutting cycle would kick off in September.
Read more »
Dow Jones Industrial Average eases back on Tuesday as investors take a breatherThe Dow Jones Industrial Average (DJIA) was softer on Tuesday, testing the lower side of the day’s opening bids after clipping into a fresh record high at the outset of the trading week.
Read more »
Dow Jones industrial average inches up to another record high in mixed tradingThe Dow Jones industrial average inched up to another record high on a mixed day of trading for Wall Street.
Read more »