Dow Jones softens as jobs data withers

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Dow Jones softens as jobs data withers
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The Dow Jones Industrial Average (DJIA) ground its way lower once again on Wednesday.

The Dow Jones fell 150 points on Wednesday after US jobs figures missed the mark. ADP hiring data slowed more than expected, and wage growth shrank to a two-year low. Investors await the Fed’s latest Meeting Minutes from December’s rate cut assessment. The Dow Jones Industrial Average ground its way lower once again on Wednesday. The index backslid a choppy 150 points after equities turned tepid on the back of a misfire in preview jobs data ahead of this week’s key Nonfarm Payrolls report.

is still trading north of the 200-day Exponential Moving Average near 41,200, and bidders are still trying to get their feet under them and muscle price action back above the 50-day EMA near 43,150. Dow Jones daily chart Dow Jones FAQs What is the Dow Jones? 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.

? There are a number of ways to trade the as a single security, rather than having to buy shares in all 30 constituent companies. A leading example is the SPDR Dow Jones Industrial Average ETF .

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