Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech titans.
The Dow Jones Industrial Average is drying out just south of record highs above 45,000, with intraday price action testing the waters near 44,800. A topside break will see the Dow Jones chalking in fresh all-time peak bids, while a bearish turnaround will mark the major equity index’s first ‘lower high’ pattern since mid-2024.
Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology companies.
The Dow Jones tumbled during the overnight session before Monday’s opening bell. Trade war fears are back on the table after Trump gets into a political scuffle with Colombia. Fresh rate cut hopes are bolstering equities from early week lows.
The Dow Jones fell Wednesday ahead of the Fed interest rate decision and Fed Chair Powell's comments. Meta and Tesla earnings are next.
Shares of NVIDIA Corp. NVIDIA Corp. and Boeing Boeing Co. are contributing to the index's intraday decline, as the Dow Dow Jones Industrial Average was most recently trading 154 points, or 0.3%, lower.
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Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.
The Dow Jones Industrial Average is up Tuesday afternoon with shares of NVIDIA Corp. and Salesforce seeing positive growth for the blue-chip average.
The tech-led rout that gripped US equity markets on Monday left one corner of the market relatively unscathed: the Dow Jones Industrial Average.
The SPDR Dow Jones Industrial Average ETF Trust (DIA) is one of the largest and most liquid U.S. equity ETFs available to investors.
Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech titans.