- The Dow Jones goes back 0.06% today, consolidating within the operational range of the previous session at 44,471.
- The Nasdaq 100 advances 0.70% daily, led by Strategy Incorporated (Mstr) and Tesla (TSLA).
- The S&P 500 wins 0.45% on Wednesday, registering a new historical maximum in 6225.
- The ADP employment report records the loss of 33,000 positions in the private sector, disappointing market estimates.
- The focus of investors will be tomorrow about non -agricultural payrolls, the PMI of services and the weekly applications of unemployment subsidy.
The Dow Jones reacted the decrease from February 20 at 44,656, where aggressive vendors attracted the index to a minimum of the day in 44,339.
The Dow Jones industrial average began operating on 44,039, while the Nasdaq 100 technological index opened at 22,500. The S&P 500 began negotiations in 6,207, taking up the upward trend until reaching a new historical maximum in 6,225.
UnitedHealth and The Travelers Companies lead the falls in Dow Jones
The Dow Jones index loses 0.06% in the day, operating the time of writing about 44,471.
The titles of The Travelers Companies (TRV) fall 3.62% daily, reaching a minimum of April 25 in $ 256, signing its second consecutive day down.
On the other hand, the values of Unitedhealth (UNH) go back in 5.70% today, visiting minimums of two sessions in $ 306.43, finishing a streak of four consecutive sessions upwards.
The Dow Jones falls 27 points, establishing a minimum of the day in 44,339.
The Nasdaq 100 takes up the winning path promoted by Strategy Incorporated and Tesla
The Nasdaq 100 technological index rebounds 0.70% on Wednesday, contributing currently about 22,636.
Strategy Incorporated (MSTR) shares progresses at 7.76% daily, reaching maximum of two sessions at $ 405.30, leading profits in Nasdaq 100.
In the same tonic, Tesla titles (TSLA) earn 4.97% today, visiting maximum of June 30 in 316.83 $, spinning two consecutive days upward.
The Nasdaq 100 goes up 158 points, establishing a maximum of the day at 22,642.
The S&P 500 reaches new historical maximums animated by Albermale Corporation and Global Coinbase
Based on information provided by Automatic Data Processing (ADP). Employment in the private sector lost 33,000 positions in June, disappointing the projections of 95,000 jobs created.
In another front, Albermale Corporation (ALB) values earn 8.09% on Thursday, visiting maximums not seen since April 3 at $ 68.93.
The attention of the operators will be tomorrow on non -agricultural payrolls, the unemployment rate and the ISM services PMI
The S&P 500 goes up 28 points, marking a new historical maximum in 6,225.
Technical Analysis of Dow Jones
The Dow Jones reacted upwards from a short -term support given by the minimum of June 19 in 41,971. The following important support is located in 40,747, a pivot point of May 6, in convergence with the 50% fibonacci setback. To the north, the important resistance is 45,068, maximum of January 31.
Dow Jones daily graphics
Dow Jones – Frequently Questions
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.
