Dow Jones Industrial Average treads water ahead of Fed rate call

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Dow Jones Industrial Average treads water ahead of Fed rate call
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The Dow Jones Industrial Average (DJIA) is trading in a tight range on Thursday, testing close to record highs set earlier this week near 43,800.

The Dow Jones is trading tightly on Thursday, cruising near record highs. Investors are battening down the hatches and waiting for the Fed ’s latest rate call. Markets broadly anticipate another quarter-point rate trim from Fed Chair Jerome Powell. The Dow Jones Industrial Average is trading in a tight range on Thursday, testing close to record highs set earlier this week near 43,800.

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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