The Dow Jones Industrial Average (DJIA) gained 475 points on Thursday, climbing around 1.25% on the day as equities tipped into the bullish side after US Retail Sales surged well above forecasts.
The Dow Jones climbed 475 points on Thursday after upbeat US data print. US Retail Sales surged to 18-month high in July. Upbeat US data sloughs off recession fears, but tempers rate cut bets. The Dow Jones Industrial Average gained 475 points on Thursday, climbing around 1.25% on the day as equities tipped into the bullish side after US Retail Sales surged well above forecasts.
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
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Consumer spending jumped in July as retail sales were up 1%, much better than expectedRetail sales were projected to increase 0.3% in July, according to the Dow Jones consensus estimate.
Lire la suite »
Dow surges 400 points as strong retail sales data ease fears of slowdownRetail sales increased 1.0% last month after a downwardly revised 0.2% drop in June, easing fears of a sharp economic slowdown.
Lire la suite »
Dow Jones goes on a scorching run, climbs 600 points on TuesdayThe Dow Jones Industrial Average (DJIA) surged to a second record-setting day in a row, climbing over 600 points to chalk in a fresh all-time peak above 40,850 as market sentiment buries the needle even further into hopes of a September rate cut from the Federal Reserve (Fed).
Lire la suite »
Dow Jones Industrial Average chalks in another record high before easing back on ThursdayThe Dow Jones Industrial Average (DJIA) rallied into yet another record high on Thursday before turning lower and following the broader market into a soft pullback that dragged intraday prices back into the midweek range.
Lire la suite »
Dow Jones Industrial Average extends rate cut rally into yet another record highThe Dow Jones Industrial Average (DJIA) clipped into further gains on Wednesday, extending the week’s hard rally on sky-high rate cut expectations and stepped into yet another all-time record high in intraday trading.
Lire la suite »
Dow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on GDP, PCE data and earningsDow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on GDP, PCE data and earnings
Lire la suite »