The Dow Jones Industrial Average (DJIA) is holding steady above 39,800.00 on Tuesday as Federal Reserve (Fed) policymakers try to apply downward pressure to broad-market rate cut expectations.
Dow Jones holding steady just below 39,900.00 as investors await meaningful data. Despite chilling Fedspeak, investor hopes for rate cuts remains high. US Home Sales, PMI, and Durable Goods Orders all still due this week. The Dow Jones Industrial Average is holding steady above 39,800.00 on Tuesday as Federal Reserve policymakers try to apply downward pressure to broad-market rate cut expectations.
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
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