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Dow Jones Industrial Average recovers footing after tariff threats turn up empty


Published on 2025-02-04 18:01:16 - FXStreet
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  • The Dow Jones is hitting a comfortable midrange around 44,450 on Tuesday. Threats of nearly-global tariffs have evaporated over 24 hours. Trade tensions remain an issue with China, but tariff breaks are priced in.

The article from FXStreet discusses the resilience of the Dow Jones Industrial Average (DJIA) amidst ongoing trade tensions, particularly focusing on the U.S.-China trade war. Despite the imposition of new tariffs by the U.S. on Chinese goods, the DJIA has managed to hold steady, reflecting a market that has largely shrugged off these trade disputes. The piece highlights that investors are focusing more on positive economic indicators such as strong corporate earnings, a robust labor market, and consumer confidence rather than the potential negative impacts of tariffs. It also notes that there's an expectation of a potential resolution or at least a de-escalation in trade conflicts, which contributes to the market's stability. Furthermore, the article touches on the broader market sentiment, suggesting that while trade issues are a concern, they are not currently overshadowing the overall positive economic outlook.

Read the Full FXStreet Article at:
[ https://www.fxstreet.com/news/dow-jones-industrial-average-holds-steady-as-markets-brush-off-tariffs-202502041728 ]