The Dow Jones Industrial Average (DJIA) trimmed near-term gains on Wednesday, backsliding 300 points in the midweek market session.
The Dow Jones shed three quarters of a percent amid cautious market flows. The midweek market session has investors looking ahead to US PCE inflation. China GDP downgrade has investors concerned about physical trade. The Dow Jones Industrial Average trimmed near-term gains on Wednesday, backsliding 300 points in the midweek market session.
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
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones Industrial Average bolstered by US CPI inflation into a second day of gainsThe Dow Jones Industrial Average (DJIA) gained 260 points on Wednesday after US Consumer Price Index (CPI) inflation ticked lower on an annualized basis, as markets had broadly hoped.
Read more »
Dow Jones Industrial Average extends recovery rally on MondayThe Dow Jones Industrial Average (DJIA) climbed over 150 points in quiet trading on Monday as US market indexes broadly gain ground.
Read more »
Dow Jones Industrial Average falls for a third straight dayThe Dow Jones Industrial Average (DJIA) extended into a third straight day of downside momentum as equities plunge in the face of a bad batch of US economic figures signalling the growing possibility of a harder, deeper recession than most investors were prepared for in the coming months.
Read more »
Dow Jones Industrial Average continues to recover ground on WednesdayThe Dow Jones Industrial Average (DJIA) Found further room on the high end on Wednesday as market sentiment recovers its footing and equities begin the slow climb back up after a three-day bearish plunge that kicked off last week.
Read more »
Dow Jones Industrial Average coils ahead of Jackson HoleThe Dow Jones Industrial Average is churning in the midrange on Wednesday as markets buckle down for the wait to the kickoff of this year’s annual Jackson Hole Economic Summit on Thursday.
Read more »
Dow Jones Industrial Average pares back after US PMI missThe Dow Jones Industrial Average (DJIA) shed some weight on Thursday, easing back around 200 points after a misfire in US Purchasing Managers Index (PMI) figures gave investors a reason to pause.
Read more »