In this section, you will find important Dow Jones news, actionable trading ideas, and a live Dow Jones CFD chart to help you understand the markets better.
The Dow Jones Industrial Average Index (DJIA) or more commonly known as “The Dow” is a US stock index. It represents the top-thirty publicly-traded companies listed on the NASDAQ and New York Stock Exchange (NYSE).
As the stock index is made up of thirty firms, the volatility in Dow Jones is significant, making it popular amongst short-term traders and speculators. Traders also use it to take bets on the US and world economy, as the firms in the Dow, like Apple or Microsoft, have worldwide operations.
Initially, the Dow Jones was only composed of 12 companies that represented the most significant industrial firms in the USA. Now, the “Industrial” in DJIA is more of a historical term than a practical one because most stocks listed are no longer associated in the industrial sector or are involved in manufacturing and construction. An excellent example of this is IBM or American Express.
Founded in 1885, Dow Jones got its name from its founders Charles Dow and Edward Jones, who also established a news firm specializing in business and finance, which goes by the same name, Dow Jones.
The set of companies in the Dow Jones change, but current and famous companies in the index are Microsoft, Apple, Nike, IBM, Visa, and Coca-Cola.
The Dow Jones Industrial Average is trading higher today, adding 0.35% as at the time of writing as investors look towards the speech of incoming US President Joe Biden that will detail his proposed stimulus plan. The incoming US President will provide details on his expanded fiscal stimulus plans during Friday’s Asian session. Biden is … Read more
US stocks have had a very tepid open to the upside as investors watch proceedings in the US House of Representatives this Wednesday. The House is set to vote on articles of impeachment against US President Donald Trump, following allegations that he incited the storming of the US Capitol last week, leading to 5 deaths. … Read more
Dow Jones keeps pushing higher no matter what happens with the U.S. economy, the virus, or U.S. politics. Now that almost a week has passed since the U.S. Capitol was stormed by protestants, the world is watching at the transfer of power that is supposed to take place one week from today. Impeachment is on … Read more
The Dow Jones Industrial Average is trailing by 0.33% or 112 points at the time of writing, as investor caution sets into the market ahead of the full-year earnings season. The earnings season looks set to showcase the health of the US economy and the corporate world in a year that many have called a … Read more
US stocks ended lower yesterday as investors reacted to the overall stronger dollar and the rising political tensions in the United States. The Dow Jones declined by more than 90 points while the S&P 500 and Nasdaq 100 index fell by almost 1%. At the same time, the fear and greed index has moved from … Read more
The Dow Jones ended the previous trading week on a high note. Despite the NFP report showing that the jobs market lost 140k jobs in December, the Dow rallied in the last hours to end the week close to record highs. In the meantime, the futures corrected, and the hourly chart shows a potential head … Read more
The Dow Jones Industrial Average hit a new record high on Friday, but failed to hold on to those levels after the Non-Farm Payrolls (NFP) fell for the first time since April 2020 on the back of surging coronavirus cases. Analysts had expected the US economy to add 68K jobs, which would have been a … Read more
The CAC 40 index is set to open higher today, joining a global rally in stocks as investors price-in more stimulus in the United States. The index closed 0.55% higher yesterday. Other European indices like the FTSE 100 and DAX index are also set to soar. Similarly, in the United States, the Dow Jones and … Read more
The Dow Jones Industrial Average has opened higher this Thursday after the US Congress and VP Mike Pence certified the US election results that declared Joe Biden as the 46th US President. Also, a win for the Democratic candidates in the Georgia runoff polls ensures that the Democrats take full control of the US Congress … Read more
Dow Jones defied gravity once again as it rose to record highs despite the U.S. Capitol being under siege yesterday. Once again, the market seems to be completely disconnected from the reality on the ground, to the frustration of many. The ADP numbers yesterday showed that the private sector lost 120k jobs on expectations of … Read more
The Nikkei 225, Hang Seng, Nasdaq 100, and other global stocks are rallying today after the Georgia election. Similarly, in Europe, futures tied to the FTSE 100, DAX Index, and CAC 40 are also in high spirits. Bitcoin and other altcoins are also enjoying the ride even after a sharp warning by an investment legend. … Read more
The Dow has hit new all-time highs today after the markets hailed the rise in new orders for US factory goods. Factory goods orders rose 1% in November, which beat expectations (0.7% consensus) in a Bloomberg survey. However, the reading failed to match the previous number, but this did not deter the bulls from sending … Read more