The Dow Jones tracked sideways ahead of Friday’s jobs report. Adding to the risky outlook for the Dow, fresh tariffs are set to go into effect on December 15th. All of this equates to a potentially turbulent weekend for Wall Street. Caution was the name of the game for the Dow Jones on Thursday, as […]
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Dow Jones rises on rejuvenated hopes of a US-China trade deal. Traders ignored weak economic data on Wednesday, but Friday’s jobs report will still be a critical risk event for the Dow. Despite all signs pointing to the contrary, Wall Street appears to be banking on Trump somehow avoiding having to implement the next wave […]
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The Dow, S&P 500, and Nasdaq resisted the temptation to extend their slump on Thursday. All three stock indices secured substantial gains as trade war developments trended in a positive direction. Meanwhile, the US economy continues to defy recession warnings. The Dow snapped out of its single-day slump on Thursday, racing toward a triple-digit rally […]
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Almost the entire news cycle for stock markets is devoted to how the trade war has been extremely detrimental for the US economy and that a trade deal could lead to a big rally. To the contrary, one high profile equity strategist is not convinced that the Dow is a buy, or even that Trump’s […]
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A tumultuous day of trade for the US stock market on Tuesday has the Dow Jones looking vulnerable at the open of trade Wednesday. The bears sold a rally in the Dow late, and a test of critical congestion/support around the 200-day moving average looks increasingly probable as momentum turns to the downside in the […]
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Futures on the Dow and broader stock market rose sharply on Friday, but finished lower for the week as threats to U.S. and global economic health resurfaced. Volatility is likely to simmer near the surface next week as attention shifts to U.S.-China trade negotiations. For all the talk of progress, both countries remain far apart […]
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Dow Jones Industrial Average (DJIA) futures jumped almost 100 points on the first day of October. The move kicks off what is historically an “explosive” month for the stock market. October is the most volatile month of the year, playing host to multiple crashes including Black Thursday back in 1929. After a relatively mellow September, […]
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Based on the performance of the Dow Futures, the Dow Jones is expected to open at close to 27,000 points, swiftly reversing what could have been a steep downtrend in the U.S. stock market following the submission of an impeachment inquiry by the Democratic Party. Dow Futures show that the Dow Jones is expected to […]
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Dow Jones Industrial Average (DJIA) futures ticked lower in early trading Wednesday, pointing to a weak stock market open as the threat of Donald Trump’s impeachment ramps up. Speaker of the House of Representatives Nancy Pelosi launched an official impeachment enquiry on Tuesday, prompting those involved in Nixon’s Watergate investigation to draw eerie parallels to […]
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The Dow Jones Industrial Average could be gearing up for another record run. | AP Photo / Richard Drew Following the unexpected decision of U.S. President Donald Trump to consider establishing a partial trade deal with China ahead of the new round of trade deal talks, the Dow Jones increased by around 500 points within […]
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