Dow Jones index ticks up after upbeat US Retail Sales with Middle East tensions limiting gains.
Goldman Sachs is leading gains, following better-than-expected quarterly results. The technical picture remains bearish with DJIA drifting away from March high. The Dow Jones Industrial Average has opened the week with mild gains, retracing some ground following last Friday’s sell-off. Investors, however, are taking a cautious stance wary that the Middle East conflict might escalate into a regional war involving Iran.
Dow Jones Index 4 -Hour Chart S&P 500 FAQs What is the S&P 500? The S&P 500 is a widely followed stock price index which measures the performance of 500 publicly owned companies, and is seen as a broad measure of the US stock market. Each company’s influence on the computation of the index is weighted based on market capitalization. This is calculated by multiplying the number of publicly traded shares of the company by the share price.
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