- The Dow Jones industrial average remained stable about 44,800 on Thursday.
- The actions are warm while the markets digest recent developments and mixed profits.
- The US data was divided on Thursday, with better unemployment applications but a lagged GDP growth.
The Dow Jones industrial average (DJIA) remained on Thursday, marking around 44,700 but staying close to the opening offers of the day. Variable rental markets are still digesting the earnings reports of this week of heavyweights such as Microsoft (MSFT) and Tesla (TSLA), both of which did not reach the final result in the performance of the fourth quarter.
Together with Microsoft and Tesla, Meta Platforms (Meta) was the third technology company of Megacapitalization in informing profits of the fourth quarter during Wednesday’s night session. Goal quoted in a new historical maximum after the profits, while Tesla managed to dismiss the failures both in the growth of profits and in income. The price of Microsoft’s shares backed away after not meeting market expectations, keeping the technological sector lavishing Thursday.
The Gross Domestic Product (GDP) of the United States (USA) grew only 2.3% intertrimestral annualized in the fourth quarter, not reaching the average forecast of 2.6% and falling even more from 3.1% of the anterior quarter. The strong warning about the main growth baffled the actions, causing a freezing of the operators who expected better results.
The initial applications of unemployment subsidy in the US for the week that ended on January 24 exceeded expectations, helping to improve the feeling of investors to some extent, but the figure is fine within recent standards. The new applicants for unemployment benefits week by week were 207,000, exceeding the market expectation of 220,000. The previous week showed 223,000 new unemployment applicants.
Dow Jones News
Most of the values ​​listed in the Dow Jones are quoting green on Thursday, although the losses concentrated in the technological sector keep the general index limping on the average range. Nvidia lost another 3.5%, falling below $ 120 per share while the technological excess continues, adding to the previous losses after China Depseek launched an English key in the comfortable market assumption that the technological companies of AI based In the US they had the industry under control. Microsoft fell 6% after not fulfilling profit expectations, falling to $ 415 per share.
Dow Jones price forecast
The Dow Jones industrial average is struggling to advance in the second half of the negotiation week, with intradic offers stuck in the mud around 44,800. Despite short -term hesitation, the general index remains firmly inclined to the upward side, floating freely near historical maximums above 45,000. The Dow Jones has risen more than 7.5% since its last minimum below 42,000, and has closed green in all but three of the last 12 consecutive negotiation days.
Dow Jones daily graphics
Dow Jones Faqs
The Dow Jones Industrial Avenge, one of the oldest stock market indexes in the world, consists of the 30 most negotiated values ​​in the United States. The index is weighted by the price instead of capitalization. It is calculated by adding the prices of the values ​​that compose it and dividing them by a factor, currently 0.152. The index was founded by Charles Dow, also founder of the Wall Street Journal. In recent years it has been criticized for not being sufficiently representative, since it only follows 30 companies, unlike broader rates such as S&P 500.
There are many factors that promote the Dow Jones Industrial Average (DJIA) index. The main one is the added performance of the companies that compose it, revealed in the quarterly reports of business benefits. The American and world macroeconomic data also contribute, since they influence investor confidence. The level of interest rates, set by the Federal Reserve (FED), also influences the DJia, since it affects the cost of credit, on which many companies depend largely. Therefore, inflation can be a determining factor, as well as other parameters that influence the decisions of the Federal Reserve.
Dow’s theory is a method to identify the main trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Avenge (DJIA) and the Dow Jones Transportation Average (DJTA) and just follow the trends in which both move in the same direction. The volume is a confirmation criterion. The theory uses elements of maximum and minimum analysis. Dow’s theory raises three phases of the trend: accumulation, when intelligent money begins to buy or sell; Public participation, when the general public joins the trend; and distribution, when intelligent money abandons the trend.
There are several ways to operate with the DJ. One of them is to use ETF that allow investors to negotiate the DJ as a single value, instead of having to buy shares of the 30 companies that compose it. An outstanding example is the SPDR Dow Jones Industrial Avenge ETF (day). Future contracts on the DJ allow the specular operators about the future value of the index and the options provide the right, but not the obligation, to buy or sell the index at a predetermined price in the future. Investment funds allow investors to buy a part of a diversified portfolio of DJ values, which provides exposure to global index.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
