Dow Jones

Profit From Dow 20k With These Dow-linked Etfs

... once again started to overpower. His pledges of higher fiscal spending and tax cuts acted as the main tailwind. Specially, the industrial sector deserves a mention on is plans of increased infrastructure spending. With republicans taking control of both the House and Senate, Trump is expected to enact all his market-friendly policies seamlessly (read: Trump Triumphs: Stocks & ETFs to Rock or Shock ). Also, manufacturing numbers point to a recovery in the U. S. The flash Markit Manufacturing PMI in the U. S. rose to 55.1 in January of 2017 from 54.3 in the previous month, surpassing market expectations of 54.5. The reading came in at the highest since March 2015. An upswing in the manufacturing sector can act as a strong tailwind to the Dow Jones Industrial Average’s forward growth. After all, SPDR Dow Jones Industrial Average ETF ( DIA – Free Report ) ...

Stocks Post Worst Trading Day Of 2017 After Trump Immigration Debacle

... average fell 122.65 points, or 0.61 percent, to close at 19,971.13, with Caterpillar leading decliners and Wal-Mart the top advancer. The S&P 500 dropped 13.79 points, or 0.6 percent, to end at 2,280.90, with energy leading all nine sectors lower and consumer staples and utilities advancing. The Nasdaq composite slid 47.07 points, or 0.83 percent, to close 5,613.71. About three stocks declined for every advancer at the New York Stock Exchange, with an exchange volume of 873.13 million and a composite volume of 3.585 billion at the close. The CBOE Volatility Index (VIX) , widely considered the best gauge of fear in the market, rose 12.5 percent to around 11.9. Gold futures for April delivery rose $4.90 to settle at $1,196 an ounce. Crude oil futures for March delivery fell 54 cents to settle at $52.63 a barrel. — ...

Ftse 100 Sinks To One-month Low And Dow Jones Drops Below 20,000 As Trump's Travel Ban Rattles Markets

... hit by sit-in at Ivory Coast mine. Shares in Randgold Resources have dipped 20 p despite assuring investors “negotiations are under way” to resolve a protest at one of its mines in Ivory Coast. Jon Yeomans reports. The FTSE 100 company reported that its Tongon mine has been targeted by an “illegal sit-in” since the end of last week, instigated by “some employees demanding annual ex gratia payments”. “Representatives of the central and local governments as well as the union, which does not support the sit-in, have joined management in engaging with the workers to end their action,” Randgold added. 12:51 PM. AXA UK says travel policies will cover those hit by US ban. The UK division of French insurer AXA said its travel policies would cover those denied access to the US following Trump's travel ban. In a statement the insurer said: "Although not technically covered, we view the current ...

The Dow Jones Is Masking The Glaring Problems In The Us Economy

... and most importantly, to have more big breasted blondes on the White House payroll. ‘Well I may be stretching the truth with a couple of things on Donald’s to-do list — except the last one — but you get my drift. Donald is politically incorrect — personally I like that. We’ve become way too serious and sensitive. We need to lighten up and take the “mickey” every now and then. ‘It’s for this reason I would vote for Donald. The world needs a laugh and to laugh at itself. We need someone who can’t be taken seriously. You want to see those cringe worthy moments when he greets the Queen with “Hello Liz, that Kate’s pretty easy on the eye” OR rings up Arnie and Sylvester to ask for their advice on how best to invade some country or any country for that matter, that ends with “stan”.’. Well, Donald hasn’t yet called (or at least we don’t think so) The Expendables for strategic military advice, but he’s pretty much accomplished everything else in the first week. However, there’s a serious side to this. As I wrote on 27 January 2016. ‘All jokes aside, whether it is Hillary, Donald or Mickey Mouse sitting ...

Why The Dow May Be Poised For Tepid Growth

... are anticipating. Risk Appetite. An increasing appetite for risk among investors is another factor contributing to the market’s recent rise, the latter Journal article observes. This is one explanation for stocks’ continuing advance in the face of historically high valuations and rising interest rates on bonds. Survey results released on Wednesday reveal that investors are expecting stocks to deliver returns that are 5.7 percentage points better than bonds, the Journal reports. Another explanation is that the Federal Reserve’s current plan for three rate hikes in 2017 signals confidence by the central bank that the economy is on a strong footing, with less downside potential. Even with that optimism, after rising from 1982 to 2000, the market saw two epic crashes between 2000 and 2009, Zweig reminds investors. There's no guarantee that will happen again, but the Dow's lofty heights amount, at least, to a ...

Hong Kong, Mainland China Stocks Open Higher After Dow Jones Index Passes 20,000 Mark

... The Hang Seng Index opened up 0.63 per cent or 143.48 points to 23.029.39 while the Hang Seng China Enterprises index rose 0.82 per cent or 79.96 points to 9.795.68 in early trading. Dow Jones closes over 20,000 for first time ever in Trump-inspired rally. Banking shares led the gains with HSBC up 1.80 per cent to HK$66.70 and Bank of East Asia up 1.25 per cent to HK$32.45. Macau casino operator Sands China tumbled 1.84 per cent to HK$34.70 after it reported a 15.9 per cent year-on-year drop in its 2016 net income. Galaxy Entertainment fell 0.82 per cent to HK$36.15, reflecting concerns over the pace of recovery in Macau’s gaming market. Mainland China shares also opened higher on the last trading session before the Year of the Rooster. The Shanghai Composite Index rose 0.14 per cent or 4.38 points to 3,153.94 while the blue-chip CSI 300 gained 0.26 per cent or 8.88 points to 3,384.78. The Shenzhen Component Index edged up 0.12 per cent or 11.89 points to 9,989.85 and the Nasdaq-style Chi Next climbed 0.08 per cent or 1.44 points to 1,872.14. One initial public ...

Forex, Dow Jones Levels

... resistance: - 1.4118, 1.4128 and 1.4141 (main), where correction is possible. Break would bring 1.4169, where a correction is possible. Then goes 1.4192. Break of the latter would result 1.4220. If a strong impulse, we would see 1.4243 and 1.4268. Several words about the EUR/USD future. Resistance (daily close): 1.3182, 1.3364, 1.3590 and 1.3778. After that 1.3958, 1.4186 and 1.4400. Break of the latter will give 1.4490, 1.4692 и 1.4884. Then 1.5117, 1.5386, 1.5592 и 1.5660. Break of 1.5660 would lead to 1.5865, 1.7280 and 1.9430 (published on October 23, 2008). Support (daily close): 1.0707, 1.0440 and 1.0102. Then 0.9903, 0.8912, 0.8640 and 0.8225. Break of the latter would bring 0.8100, 0.7697, 0.7472 and 0.7290 (published оn March 05, 2015). Dow Jones. Resistance (daily close): 16931.22, 17111.30, 17268.53 and 17640.00. Breaking of the latter would give 17971.78, 18230.63, 18358.32, ...

Dow 20,000 Is Nice, But Here's What To Watch

... cars: How a 20% Mexico tariff could cost U. S. shoppers. “The S&P 500,” says Bill Hornbarger, chief investment strategist at Moneta Group, “has surpassed the Dow in terms of its importance. The simple reason is that it is broader and more representative of the domestic economy.”. The Dow, for example, only has six tech stocks, and mainly old-tech names like Microsoft, Intel and IBM, versus more than five dozen tech stocks in the S&P 500. The Dow doesn’t have online-advertising giant Alphabet (the parent of Google) or social media giant Facebook or online-retail powerhouse __link__. Nor does the blue-chip Dow have any exposure to the utilities or real estate sectors, or regional banks like Cincinnati-based Fifth Third Bank or oil services-related firms like Schlumberger. Money flows show the S&P 500's supremacy. Currently, $2.1 trillion is invested in “passively managed” index mutual funds and exchanged traded funds that mimic the S&P 500, vs. only $35.6 billion invested in these types of funds that track the Dow, according to S&P Dow Jones Indices. The S&P 500 — and not the Dow — is also the performance benchmark ...

Dow Jones Closes Above 20,000 Points For First Time Ever

... a bit over excited. David Kotok is chief investment officer of Cumberland Advisors. He says, OK, let's take infrastructure spending. That could be good. DAVID KOTOK: It's a great idea to rebuild airports like La Guardia in New York and to fix bridges and fix roads and schools and sewer plants and so forth. No one objects to those issues. ARNOLD: That could create a lot of jobs and get money flowing like Niemann was talking about. There's no lack of old, rundown bridges to fix, but. KOTOK: How do you pay for them. ARNOLD: Part of Trump's plan for how to pay for them is to lower corporate taxes. He wants to entice multinational corporations to bring more of their profits back to the U. S. and pay taxes here - that is, instead of stashing the money in tax havens around the world. But Trump can't do that by waving a magic wand. It very well could be a long, protracted debate in Congress. KOTOK: So Trump is going to learn that when you govern as president, you're not the king and the czar, but you also have to deal with the ...

Gold Marks First Gain In 5 Sessions As Dow Sinks Below 20,000

... for a week full of economic data and a two-day meeting of the Federal Reserve to gain hints on where prices for the metal may head next. A closely watched reading on the labor market is due on Friday and a two-day meeting of the Fed is set to kick off Tuesday. Both key events, among others, could alter expectations for interest-rate increases and drive the dollar and assets pegged to it like gold. See the economic calendar. On Monday, April gold GCJ 7, +0.63% the most active futures contract, rose $4.90, or 0.4%, to settle at $1,196 an ounce. The contract lost roughly 1.4% last week as strength in the dollar and recent all-time highs in major U. S. stock indexes dulled demand for haven investments. March silver SIH 7, +0.25% edged up by 1.6 cents, or just under 0.1%, to $17.152 an ounce. A reading of U. S. consumer inflation, as measured by the Fed’s preferred metric, personal-consumption expenditures, rose in December to the strongest reading in more than two years, according to data released early Monday. The PCE rose 0.2% in December ...

The Dow Hit 20,000 For The First Time. So What

... removed from the index and replaced by companies that are performing better. Replacing underperforming companies that have a falling stock price with companies that have a rising stock price ensures the index continues to climb over the long term. Charles Dow, one of the founders of the Wall Street Journal newspaper,  started the Dow Jones Industrial Average in May of 1886. His intention 120 years ago was not to create an index that regularly hit new highs. Instead, the goal was to give readers a single number to give them a quick understanding of how the stocks of the most important companies were faring. Nevertheless, because the list of companies in the Dow has changed many times to eliminate underperforming stocks, it is essentially designed, even if by accident, to climb ever higher. The Dow for decades has been comprised of 30 stocks. Nevertheless, over its 120-year existence there have been  133 different companies  on the list. The editors of the Wall Street Journal choose which companies are in the index and once a year, on average, add a new company to the list and drop an old one. Since 2010, the Dow has included five new companies;  Apple ,  Goldman ...