Dow Jones

The Dow Jones Industrial Average Pares Losses As Trumpcare Bill Fails

... Judging by the market’s short-term reaction to the news, the pivot to tax reform might be just what the doctor ordered. After it became clear the bill was shelved, the Dow went from being down more than 100 points to being essentially flat. When the final bell sounded, the Dow was off 59 points. For investors, and for those of us tasked with helping investors navigate the markets, next week is going to be very interesting. Will Wall Street get nervous and effectively call off the Trump rally. Or, will a pivot to tax reform remove the healthcare unknown, and help generate even more optimism on the economic front. The world will soon find out, and we’ll be here to put it all into context for you. The SPDR Dow Jones Industrial Average ETF ( NYSE: DIA ) closed at $205.75 on Friday, down $0.56 (-0.27%). ...

4 Facts You Never Knew About The Dow Jones

... years. Companies that join the Dow tend to stay in the Dow, and many believe that the Dow is too slow to adapt to changing times in the stock market. In general, the Dow has resisted change for change's sake, instead waiting for a reason that it finds either compelling or unavoidable. Yet the Averages Committee has been increasingly responsive to the need to adapt. Already since 2008, the Dow has replaced 10 components, which is more changes than it made from 1941 to 1980. Finding the right balance between consistency and responsiveness is tough, but the Dow has done a good job of walking the line for more than a century. The Dow Jones Industrials is extremely popular, but there are many things that investors don't know about it. Staying on top of events with the stock market benchmark can help you be a better investor. Dan Caplinger has no position in ...

Dow Jones Tries A Millennial Finance Site, Moneyish

... core voice. “We were trying to expand,” Shar said. Register now. Those pieces consistently outperformed expectations, and before long Shar began thinking that it would be better if those pieces, and others like it, had their own place to live.“It should have been in an environment where the reader expected to see something besides tried-and-true market stories,” Shar said. And so the wheels began turning, and on Monday, Moneyish launches as a finished product that looks and feel very different from Market Watch, as well as the rest of the DJMG portfolio. It has a mobile-focused design, and big plans not just for video but also for comics and illustrations. It’s also launching with several recurring series, including “Buy Cycle,” a comic strip about the relationships people have with their purchases (the first installment ...

The Dow Jones Industrial Average May Finally Be Hinting At A Larger Pullback

... for the week. It was a week that we got decent Housing Numbers, but investors were concentrating on the new healthcare bill. When traders were given signals on Wednesday that the bill may fail, equities fell and the SPX had its biggest decline since last September. On Friday, the bill was pulled from a vote, and the major indices initially fell before recovering in the final hour. At the close, the DJIA fell 59.8 points, the SPX slipped 1.9 points, and the NDX was added 8.8 points. Breadth was slightly positive on Friday, on above average volume. ROC(10’s) declined in the session, with all the major indices in negative territory. RSI’s were lower on Friday, with the major averages in the 40’s to 50’s. For the week, the DJIA was down 1.5%, the SPX fell 1.4%, and the NDX slipped 0.8%. The VIX gained 14.8% for the week, ending at 12.96, but still remains ...

Dow Jones Industrials Close At 21,000 For 1st Time

... and other major currencies. Bond prices fell, as did the price of crude oil and gold. Optimism over corporate tax cuts, deregulation and other business-friendly policy proposals reiterated by President Donald Trump during a speech before Congress helped fuel the rally. Growing speculation that the Federal Reserve may soon elect to raise interest rates again also helped put traders in a buying mood. "We're seeing a strong risk-on rally in the face of rising expectations of Fed action as early as March based on a belief there will be a pro-growth agenda that gets enacted," said Bill Northey, chief investment officer of the Private Client Group at U. S. Bank. "It's been what I would characterize as a bit of market euphoria on the back of the president's address to the joint session of Congress last night.". The Dow jumped 303.31 points, or 1.5 percent, to 21,115.55. At one point, the 30-company average was up more than 356 points. The Dow hadn't been up more than 300 points in one day since November. The Standard & Poor's 500 ...

Technicals Signal More Downside Risk For The Dow Jones Industrial Average

... of 2371 and key support at 2350. The SPX 50 D-SMA sits at 2326. Small Caps ( IWM ) were down 2.7%, in a sign that smaller companies were hit the hardest in yesterday’s sell-off. Utilities ( XLU ) moved higher, as traders were looking for a place to hide, and they also moved into Gold ( GLD ). Finally, the VIX spiked 10.2% to 12.50, and as we noted in yesterday’s fund flows recap, volatility-linked ETPs finally saw a bounce off their lows. Near term support for the NDX is at 5325 and 5315. Near term resistance is at 5350 and 5370. Near term support for the SPX is at 2326 and 2312. Near term resistance is at 2350 and 2371. Europe is moderately lower in early trade, while U. S. Futures are mixed in the premarket. In terms of major economic data on tap today, we’ll get the FHFA Housing Price Index at 9:00 am, Existing Home Sales at 10:00 am, and Crude Inventories at 10:30 am. The SPDR Dow Jones Industrial Average ETF ( NYSE: DIA ) fell $0.31 (-0.15%) in premarket trading Wednesday. Year-to-date, DIA has gained 4.48%, versus a 4.56% rise in the benchmark S&P 500 index during the same period. DIA currently has an ...

Stock-market Fear Threatens A Return, As Dow Stares At Longest Losing Streak In 6 Years

... are used by technical strategists to help to judge if short-term and long-term directional momentum in a security is intact. Right now, the VIX, also known as Wall Street’s fear gauge is creeping toward the long-term average, which suggests that it could attempt a firmer breakout, in the parlance of chart watchers. Also see: Dow slides as doubts over Trump’s agenda build. To be sure, the VIX remains well below its historical average of 20, but the gauge is a sign of how much investors are demanding to pay for protection 30 days in the future for price swings in the S&P 500 index SPX, -0.10% Lower levels of so-called implied volatility signal complacency to some, while higher readings can be a sign of elevated anxiety that the market is headed for turbulent times. Last week, the VIX climbed around 15%, which marked its sharpest weekly rise since the 22.7% jump during the week ended Dec. 30, according to Fact Set data. There is a reason to believe that choppier times are ahead, particularly after the S&P 500 and the Dow Jones Industrial Average DJIA, -0.22%   snapped a 109-streak of days without a 1% drop —an uncanny record for equities. On Monday, the Dow was ...

E-mini Dow Jones Industrial Average Ym Futures Analysis

... the lower-low, now all we need is a higher close to accomplish this. The main range is 19654 to 21106. Its retracement zone at 20380 to 20209 is the primary downside target. An uptrending angle passes through this zone at 20262, making it a valid target also. Since the main trend is up, we could see a technical bounce on the first test of this zone. We could also see aggressive buying since to some, this zone represents value. Based on the current price at 20443 and the earlier price action, the direction of the Dow the rest of the session is likely to be determined by trader reaction to the 50% level at 20380. A sustained move over 20380 will indicate the presence of buyers. This could generate enough upside momentum to challenge the downtrending angle at 20530. Watch for a bounce off this angle, but ...

Dow Jones Down 120 Points, Health Care Stocks Up Sharply

... 28-03-2017 02:53. The hope of a new era of China-Hollywood partnerships seems to have died along with the prospects of “The Great Wall” succeeding at the box office. ( Asia Unhedged ). 28-03-2017 02:45. Chinese firms are shopping for land around the Panama Canal as the canal authority aims to develop infrastructure on land previously used by the US military. ( Asia Unhedged ). 28-03-2017 02:30. Southeast Asian startup Snapcart has raised US$3 million in its continuing quest to shed light on the region’s little understood offline retail market. ( Asia Unhedged ). 28-03-2017 01:38. Despite the recent downturn in the smartphone market, shares of component makers are leading the strongest MSCI Asia Pacific sub-index. ( Asia Unhedged ). 28-03-2017 01:15. The US relies increasingly on advanced production machinery made in Japan and Europe, running a US$4.1 billion dollar trade deficit last year in advanced machinery used on factory floors. ( Asia Unhedged ). 28-03-2017 01:10. A European Parliament report last year suggested taxes be levied on the contribution of robots and artificial intelligence to companies' results in order to address inequality. Reaction has been ...