The Dow Jones Industrial Average (DJIA) briefly rallied on Monday after a broad miss in key US data sparked a risk rally on renewed rate cut hopes.
Dow Jones kicks off the new trading week with overcorrection in both directions. US data missed the mark on Monday, sparking a brief rally on rate cut hopes. Too-big of a dip in US data, plus a muddy election outlook, reignites recession fears. The Dow Jones Industrial Average briefly rallied on Monday after a broad miss in key US data sparked a risk rally on renewed rate cut hopes. Still, the steep decline in manufacturing figures proved too much for investors to stomach.
continues to hold on the high side of late May’s bottom near 38,000.00, but topside momentum remains unable to recover ground back to all-time highs set just north of the 40,000.00 major price handle in May. Dow Jones five minute chart 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.
? 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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