Dow Jones Industrial Average recovers footing on Thursday after US GDP softens, but still remains lower

Dow Jones is looking up from the bottom after another gap lower. US GDP growth eased as-expected, keeping investors hopeful for rate cuts. Steep losses in key equities are keeping indexes sharply lower. The Dow Jones Industrial Average kicked off Thursday with another bearish gap after overnight trading dragged key securities steeply lower. However, market action in the US session is finding a floor in prices as investors dare to hope for signs of further easing in the US economy.

is grinding back towards the 200-day Exponential Moving Average at 37,233.38, a key technical barrier the Dow Jones hasn’t hit since November of 2023. Dow Jones five minute chart Dow Jones 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.

? 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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