Stocks & Investing
Stocks and Investing
Stocks and Investing
Thu, November 28, 2024
[ 01:01 AM ] - United States, Thomas Matters
[ 01:00 AM ] - United States, Thomas Matters
[ 01:00 AM ] - United States, Thomas Matters
[ 12:41 AM ] - United States, Thomas Matters
[ 12:40 AM ] - United States, Thomas Matters
[ 12:20 AM ] - United States, Thomas Matters
[ 12:20 AM ] - United States, Thomas Matters
[ 12:00 AM ] - United States, Thomas Matters
Wed, November 27, 2024
[ 11:40 PM ] - United States, Thomas Matters
[ 11:21 PM ] - United States, Thomas Matters
[ 11:21 PM ] - United States, Thomas Matters
[ 11:20 PM ] - United States, Thomas Matters
[ 11:20 PM ] - United States, Thomas Matters
[ 10:40 PM ] - United States, Thomas Matters
[ 10:00 PM ] - United States, Thomas Matters
[ 09:40 PM ] - United States, Thomas Matters
[ 09:21 PM ] - United States, Thomas Matters
[ 09:20 PM ] - United States, Thomas Matters
[ 09:20 PM ] - United States, Thomas Matters
[ 09:00 PM ] - United States, Thomas Matters
[ 08:41 PM ] - United States, Thomas Matters
[ 08:41 PM ] - United States, Thomas Matters
[ 08:41 PM ] - United States, Thomas Matters
[ 08:41 PM ] - United States, Thomas Matters
[ 08:41 PM ] - United States, Thomas Matters
[ 08:40 PM ] - United States, Thomas Matters
[ 08:21 PM ] - United States, Thomas Matters
Dow Jones Industrial Average falls 00 points after tapping fresh record high
- Despite pivoting into the red through the Wednesday trading session, the Dow Jones still set another record high, briefly piercing the 45,000 level for the first time ever. Despite all technical signals suggesting DJIA is overbought, bearish momentum has proven to be a trap rather than a successful entry point through most of 2024.
The Dow Jones Industrial Average (DJIA) reached a new record high on Wednesday, November 27, 2024, driven by positive economic indicators and strong corporate earnings. The index surpassed its previous peak, reflecting investor confidence in the ongoing economic recovery and favorable market conditions. Key factors contributing to this surge include robust consumer spending, a decline in unemployment rates, and expectations of continued accommodative monetary policies from the Federal Reserve. Additionally, sectors like technology and finance led the gains, with companies reporting better-than-expected earnings, further bolstering market sentiment. However, analysts caution that while the market shows strength, potential risks such as inflation pressures and geopolitical tensions could impact future performance.
Read the Full FXStreet Article at [ https://www.fxstreet.com/news/dow-jones-industrial-average-tests-new-record-high-on-wednesday-202411271816 ]
Read the Full FXStreet Article at [ https://www.fxstreet.com/news/dow-jones-industrial-average-tests-new-record-high-on-wednesday-202411271816 ]
