The Dow Jones Industrial Average (DJIA) is treading water on Wednesday, grappling with 38,750.00.
Dow Jones cycles 38,700.00 after US labor preview eases. US ISM Services PMI accelerated to multi-month highs. Mixed data hinted enough softness to bolster rate cut hopes further. The Dow Jones Industrial Average is treading water on Wednesday, grappling with 38,750.00. After US data printed mixed, rate cut expectations held on the high side but gains in the Dow Jones index remain limited.
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
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