- The Dow Jones wins 0.32% today, reaching maximum of June 6 at 42,921.
- The Nasdaq 100 advances 0.70% daily, reaching maximums not seen since February 24 at 21,962.
- The S&P 500 rebounds 0.62% on Tuesday, led by Intel Corporation (INTC).
- The second day of negotiations between the United States and China develops with high expectations of a commercial agreement.
- The look of the operators will be in the US personal consumption index, which will be announced tomorrow.
The Dow Jones marked a minimum of the day in 42,629, where he found aggressive buyers that promoted the two -day maximum index in 42,921.
The Dow Jones industrial average began operating at 42,733, while the Nasdaq 100 technological index began negotiations in 21,766. The S&P 500 opened in 6,000, attracting buyers who promoted the index to maximum four months.
Walt Disney and Merck & Company drive the Dow Jones to profit zone
The Dow Jones index advances 0.32% in the day, currently quoting over 42,881.
Merck & Company titles (MRK) record a gain of 2.55% on the second day of the week, visiting maximums not seen since May 6 in 81.88 $, spinning three consecutive sessions upward.
In the same tune, Walt Disney (DIS) shares rebound 2.65% in the day, reaching maximums of April 3, 2024 in $ 120.50, leading profits in the technological index.
The Dow Jones goes up 138 points daily, reaching two -day maximums in 42,921.
The Nasdaq 100 reaches maximums of more than 3 months promoted by Tesla and Warner Bros Discovery
The Nasdaq 100 technological index wins 0.70% daily, reaching maximums not seen since February 24 at 21,962.
The Tesla (TSLA) values ​​rise 5.67% on Tuesday, exceeding maximum of June 5 in 327.67 $, signing their second consecutive session on positive land.
On the other hand, Warner Bros. Discovery (WBD) titles advance 5.04% in the day, being held within the operational range of the June 9 session at 10.01 $.
The Nasdaq 100 goes up 151 points, currently quoting at 21,937.
Intel Corporation and Caesars Entertainment lead the profits in the S&P 500
Intel Corporation (INTC) shares shoot 7.81% in the day, reaching maximum of May 14 at 22.44 $, signing its third consecutive upward day.
In the same tune the titles of Caesars Entertainment (CZR) rise 5.70%, reaching May 27 by 28.28 $, spinning three consecutive sessions with profits.
In this context, the S&P 500 advances 0.62%, consolidating in maximums not seen from February 24 in 6,040, extending the profits of yesterday.
Investor’s gaze continues in commercial conversations between the United States and China, financial markets remain attentive to a possible agreement that relaxes tariff tensions.
The US economic agenda contemplates the publication of the personal consumption index. The consensus of analysts expects to be located at 2.5%, slightly greater than 2.3% observed in the previous period.
Technical Analysis of Dow Jones
The Dow Jones established a short -term support given by the minimum of May 23 in 41,175. The following important support is observed in 40,747, minimum of May 6 in convergence with the 50% fibonacci setback. Upwards, the key resistance is 45,068, a pivot point of January 31, 2025.
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.
