The Dow Jones Industrial Average (DJIA) has been unable to hold onto its rallies so far this week as both Monday and Tuesday witnessed impressive adv
CEO Rene Haas has been making the rounds and has reportedly claimed that Arm will grow revenue in the high teens for the next several years. The strong demand the IPO has received could easily translate on Thursday into a euphoric rally as the retail crowd attempts to take its own bite.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.
Bulls will look at how the short-term range low on September 6 amounted to a higher low than the August 25 range low. In other words, this is a bullish sign. The Dow index appears to be closing in line with the 21-day Simple Moving Average over recent sessions, so bulls will need to close above there in order to demonstrate their power. That move would allow another run at the 35,200 to 35,750 supply zone.
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.
Goldman Sachs, Walgreens Boots share gains contribute to Dow's 175-point jumpShares of Goldman Sachs and Walgreens Boots are trading higher Tuesday afternoon, lifting the Dow Jones Industrial Average into positive territory. The Dow...
Read more »
Stock Market Today: Dow Futures Rise; Tesla Jumps; Dollar FallsLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Read more »
Travelers, 3M share gains contribute to Dow's 162-point jumpShares of Travelers and 3M are seeing strong returns Monday morning, lifting the Dow Jones Industrial Average into positive territory. Shares of Travelers...
Read more »
Dow's nearly 100-point drop led by losses for shares of Amgen, Procter & GambleThe Dow Jones Industrial Average is trading down Tuesday morning with shares of Amgen and Procter & Gamble facing the biggest drops for the blue-chip...
Read more »
Walgreens Boots, Goldman Sachs share gains lead Dow's nearly 100-point jumpThe Dow Jones Industrial Average is trading up Tuesday afternoon with shares of Walgreens Boots and Goldman Sachs delivering the strongest returns for the...
Read more »
U.S. stocks open higher, attempt to extend Friday’s gains before this week’s inflation readingU.S. stocks opened higher Monday, kicking the week off higher as major benchmarks attempt to extend Friday’s gains. The Dow Jones Industrial Average was up...
Read more »