Dow Jones Industrial Average claws back ground on Friday after steep losses

Dow Jones finds a thin rebound after getting clobbered this week. Investors looking for a foothold after a harsh rebalance of rate cut expectations. US Durable Goods Orders, UoM Consumer Sentiment recovered on Friday. The Dow Jones Industrial Average is moderating on Friday, finding thin gains after seeing its second-worst trading day of 2024 on Thursday. The equity index is up around a fifth of a percent heading into the trading week’s close, with investor sentiment broadly recovering.

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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