The Dow Jones Industrial Average (DJIA) spun in circles on Monday, churning around 40,600.00 as investors buckle down for the wait to the Federal Reserve’s (Fed) latest rate call.
Dow Jones churns chart paper as investors jostle for position ahead of Fed . Fed set to hold rates steady this week, markets on the lookout for forward guidance. Investors have fully priced in a rate trim in September. The Dow Jones Industrial Average spun in circles on Monday, churning around 40,600.00 as investors buckle down for the wait to the Fed eral Reserve’s latest rate call.
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
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones takes a small step up on quiet MondayThe Dow Jones Industrial Average (DJIA) climbed around one hundred points on Monday in a thin recovery from last week’s late pullback.
Read more »
Dow Jones Industrial Average whipsaws on quiet MondayThe Dow Jones Industrial Average (DJIA) whipped on Monday, briefly testing fresh highs and breaking out of Friday’s tight churn before slumping into the red for the new trading week.
Read more »
Dow Jones Industrial Average churns amid Monday whipsawThe Dow Jones Industrial Average (DJIA) briefly rallied on Monday after a broad miss in key US data sparked a risk rally on renewed rate cut hopes.
Read more »
Dow Jones recovers after Tuesday’s post-Fed slumpThe Dow Jones Industrial Average (DJIA) tumbled in early Tuesday trading after Federal Reserve (Fed) Chairman Jerome Powell delivered less-dovish-than-expected talking points while testifying on the Fed’s semiannual Monetary Policy Report in the first of two appearances in as many days.
Read more »
Dow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on Big Tech earnings, FOMCDow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on Big Tech earnings, FOMC
Read more »
Dow Jones Industrial Average soars as rate cut hopes resumeThe Dow Jones Industrial Average (DJIA) scorched 700 points higher on Friday after a close-enough-to-expectations print in US Personal Consumption Expenditures Price Index (PCE) inflation came in cool enough to allow investors to keep hopes for a September rate cut pinned to the ceiling.
Read more »