Dow Jones recovers ground on cooling PPI inflation

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Dow Jones recovers ground on cooling PPI inflation
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The Dow Jones Industrial Average (DJIA) found the gas pedal on Tuesday, rising 300 points after US Producer Price Index (PPI) inflation eased more than expected in July.

Dow Jones rallied 300 points in choppy trading on Tuesday. Equities found higher ground on Tuesday as US inflation pressures ease. After cooling PPI print, US CPI inflation remains in the barrel for Wednesday. The Dow Jones Industrial Average found the gas pedal on Tuesday, rising 300 points after US Producer Price Index inflation eased more than expected in July.

is trading back above the 50-day Exponential Moving Average for the first time since tumbling below the technical average in early August. Long-run trends still lean in favor of buyers, with the index continuing to trade on the north side of the 200-day EMA at 38,166.00. 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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