Dow Jones recovers into fresh high but action remains tight. US equities broadly higher on Monday, but momentum is limited. Fedspeak to dominate headlines with quiet economic calendar this week. The Dow Jones Industrial Average managed to gain some ground in today's quiet trading session, following the volatility caused by last week’s Nonfarm Payrolls report. However, the market is still showing signs of weakness, with some stocks keeping the averages in check.
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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Source: FXStreetNews - 🏆 14. / 72 Read more »
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Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »