The Dow Jones Industrial Average (DJIA) clipped into another record intraday bid to kick off the new trading week.
The Dow Jones cracked a fresh all-time high during Monday trading. Despite the upside stretch, equities remain tepid overall. Investors are buckling down for the wait to Wednesday’s Fed rate call. The Dow Jones Industrial Average clipped into another record intraday bid to kick off the new trading week.
recovering back above the 50-day Exponential Moving Average rising through 40,450, action is squarely planted on the bullish side, though long-term bidders will be cautious with price action cycling familiar technical levels. This isn’t the first time the Dow Jones has priced in a topping pattern ahead of major news events, and despite having a short-term memory issue, buyers can still recall July’s bumpy -7.2% decline from previous record highs.
? 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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