The Dow Jones Industrial Average (DJIA) rose to another all-time high on Wednesday, tapping the 45,000 major price handle before settling back below the day’s opening bids near 44,800.
The Dow Jones tapped the 45,000 level for the first time ever. Despite an early upshot into a new record bid, the major index is trading softer. US inflation and growth data met expectations, causing little stir. The Dow Jones Industrial Average rose to another all-time high on Wednesday, tapping the 45,000 major price handle before settling back below the day’s opening bids near 44,800.
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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