Bank, Dow Jones and inflation
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Most US and European share indices slid on Tuesday, as US inflation data indicated President Donald Trump's tariffs could be feeding into his country's economy.
The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,
A fresh bout of technical weakness has dragged the Dow Jones Industrial Average back below 44,400 following a strong bullish performance through the last third of June. The major equity index peaked near 44,800, failing to breach all-time highs north of the 45,000 handle.
US stocks dipped as Trump’s Canada tariffs spooked markets. S&P500 and Dow face pressure while Fed hesitates on rate cuts amid rising inflation risks.
Effective reading of a Dow Jones Chart starts with knowledge of the basic components that constitute such graphical illustrations of market data. The Dow
Dow Jones Index Futures point to a slightly negative opening on Tuesday following a significant decline on Monday. Futures markets anticipate a 0.15% decline in the DJIA, while the Nasdaq Index futures add 0.
Nasdaq 100, S&P 500, Dow Jones Industrial Average, NVIDIA Corporation. Read 's Market Analysis on Investing.com
The three major US indices have all seen a bit of selling, as the markets were open for extended hours trading. However, I wouldn’t read too much into the price action, as the volume will have been very thin to say the least.