Dow Jones Industrial Average cautiously higher on Wednesday despite tepid risk appetite

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The Dow Jones Industrial Average (DJIA) recovered from an early dip during the American trading session, climbing to an intraday high near 39,000.00 as the major equity index breaks away from the crowd.

Dow Jones looks for gains as other indexes recede. A quiet, data-thin Wednesday leaves investors looking ahead. Fed outlook remains key focal point for markets. The Dow Jones Industrial Average recovered from an early dip during the American trading session, climbing to an intraday high near 39,000.00 as the major equity index breaks away from the crowd. The other US indexes are down during the midweek market session with a thin economic calendar delivering little of note.

daily chart Dow Jones FAQs What is the Dow Jones? The Dow Jones Industrial Average, one of the oldest stock market indices in the world, is compiled of the 30 most traded stocks in the US. The index is price-weighted rather than weighted by capitalization. It is calculated by summing the prices of the constituent stocks and dividing them by a factor, currently 0.152. The index was founded by Charles Dow, who also founded the Wall Street Journal.

? There are a number of ways to trade the as a single security, rather than having to buy shares in all 30 constituent companies. A leading example is the SPDR Dow Jones Industrial Average ETF .

 

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