Dow is one of the worst-performing Dow Jones stocks on Friday. The market is somewhat volatile on the year’s third triple witching day. Large volumes of stocks are traded on triple witching days when options expire. Dow receives $100 million from the Department of Energy to build chemical plant for batteries. Dow (DOW), the holding company…
The Dow Jones clipped into yet another record bid on Tuesday. Investors are tilting into the risk-on side ahead of expected Fed rate cut. Markets are split on the depth of anticipated first Fed rate cut in over four years. The Dow Jones Industrial Average (DJIA) rose into a fresh record high for the second…
The Dow Jones cracked a fresh all-time high during Monday trading. Despite the upside stretch, equities remain tepid overall. Investors are buckling down for the wait to Wednesday’s Fed rate call. The Dow Jones Industrial Average (DJIA) clipped into another record intraday bid to kick off the new trading week. The largest equities on the…
Caterpillar benefits from solid Durable Goods Orders data on Monday. NASDAQ, growth stocks move lower on the good economic news. Dow Jones Industrial Average hits new all-time high. CAT stock looks likely to retest resistance zone in the $360s. Caterpillar (CAT) is moving higher on Monday in sharp contrast to the wider market. The…
The Dow Jones rallied to 41,200.00 after Fed officials agreed its time to cut rates. Equities have immediately moved on to guessing how many rate cuts in 2024. Rate markets see 100 bps in cuts by 2024 year-end. The Dow Jones Industrial Average (DJIA) lurched over 400 points higher on Friday after the Federal Reserve…
Dow Jones continues to churn just below 41,000.00. Equities continue to look for further signs of rate cuts from Fed. NFP payroll adjustments have bolstered bets of 100 bps in 2024. The Dow Jones Industrial Average is churning in the midrange on Wednesday as markets buckle down for the wait to the kickoff of this…
The Dow Jones Industrial Average cycled familiar territory on Tuesday. The equity index is holding near 41,000.00 as investors take a breather. Equities poised for further upside as investors brace for Jackson Hole. The Dow Jones Industrial Average (DJIA) churned on Tuesday, eking out a fresh two-week high near the 41,000.00 handle but overall holding…
Dow Jones sticks close to Monday’s opening bids in thin action. Markets looking for a recovery after NFP Friday hangover. Wednesday brings US CPI update, Fed rate call and interest rate expectations. The Dow Jones Industrial Average (DJIA) churned chart paper on Monday, paddling around 38,750.00 as investors look for a reason to recover footing…
Dow Jones rebounds from lows near 38,000.00 after heavy backslide. Market sentiment recovering as rate cut hopes rise once again. US PCE Price Index inflation cools faster than expected. The Dow Jones Industrial Average (DJIA) rebounded nearly 580 points on Friday as investor sentiment turned higher after US Personal Consumption Expenditures (PCE) Price Index inflation eased…