The Dow Jones index declined by more than 1% as the market reacted to a series of negative data. The US and China are likely headed towards a disastrous trade war among a pandemic. Meanwhile, the US economy is crumbling, and the earning season has been disappointing. Against this backdrop, a former analyst at Goldman Sachs is warning investors that the stock market could drop by more than 40% this year.
Dow Jones
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 stock market consolidates current levels and Dow Jones forms a pennant on the daily chart. The measured move points...
Dow Jones futures are down by almost 80 points as traders worry about the rising number of coronavirus cases in...
The Dow Jones futures adds over 100 points in premarket as investors speculate on an agreement in new coronavirus relief package up to one trillion.
US stocks roared back today as investors moved past the record 20 million nonfarm payrolls and the higher unemployment rate....
Dow Jones jumps 0.55% in the opening at 29196 after better than expected readings on the Philly Fed and retail...
Dow Jones rallied 4.53% yesterday as traders focus on headlines that Super Tuesday voting had Joe Biden picking up some...
The Dow Jones finished yesterday at the four-week lows as risk-off sentiment prevails. Increased worries about a second wave of coronavirus infections threats the fragile reopening of businesses around the globe.
On Tuesday, Dow Jones index finally turned green after extending losses for four consecutive days. The bulls can thank the...
The Dow Jones Industrial Average is trading higher for the 2nd day in a row, buoyed by a fall in...