Monday, March 27, 2023
[email protected]
 Fintech Zoom
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Real Estate
    • Entertainment
    • Health
    • Cars
    • Famous People
    • Near Me
    • Life
    • Weather Tomorrow
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO
No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Real Estate
    • Entertainment
    • Health
    • Cars
    • Famous People
    • Near Me
    • Life
    • Weather Tomorrow
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO
No Result
View All Result
FintechZoom
No Result
View All Result

Dow Jones Forecast: Dow Jones Industrial Average Rises for Fourth Consecutive Day

Amelia Young by Amelia Young
May 26, 2022
in Dow Jones
0

Home » Dow Jones Forecast: Dow Jones Industrial Average Rises for Fourth Consecutive Day


  • Dow Jones rallies as Nvidia slashes losses; twitter jumps as musk raises financing.
  • Among Dow Jones stocks, Apple shares inched 0.1% higher on Thursday. 
  • After Thursday’s open, the Dow Jones Industrial Average moved up 1.1%.

The Dow Jones Industrial Average was up by 0.60% for the fourth straight intraday session, adding 191.66 points to its value. Following a previous increase of 1.98%, it settled at 32,120.29 at the end of trading.

The Dow Jones Industrial Average rose Thursday morning as Nvidia shares slashed their losses following disappointing sales outlooks for the current quarter. Following Elon Musk’s commitment to the Twitter deal, the Twitter stock jumped.

On Thursday morning, the Dow Jones Industrial Average and the S&P 500 gained 1.1% and 0.95, respectively. In morning trade, the tech-dominated Nasdaq composite increased 0.7%.

RelatedPosts on FintechZoom

The Significance of IndexDJX: .DJI in the Stock Market – Explained

INDEXDJX: .DJI and Nasdaq down 1% after hotter-than-expected inflation

Dow Jones Industrial Average (INDEXDJX: .DJI) down 0.11% today. Microsoft +4.69%, 3M +3.89 %, Intel +3.85%

What is the Dow Jones and why is it Important?

What Is Bear Market? An Ultimate Guide

What is Dow Jones Today – Dow Jones futures rose 1.4%

Invesco QQQ Trust (QQQ) tracked the Nasdaq 100 index and moved up 0.7%. Meanwhile, SPDR S&P 500 ETF (SPY) gained 1%.

As of Thursday morning, the 10-year Treasury yield was 2.75%, up from Wednesday’s close of 2.74%. The 10-year Treasury yield fell to its lowest level since mid-April on Tuesday. Oil prices in the U.S. rose more than 1%, with West Texas Intermediate trading just below $112 per barrel.

Following Wednesday’s 1.6% gain, IBD MarketSmith chart analysis found Chevron traded just above IBD MarketSmith’s 174.86 buy point. At 183.60, there is a 5% buying zone. CVX shares gained 0.4% on Thursday.

In its meeting minutes released in early May, the Federal Reserve advocated half-point moves by the Fed as it tries to reach “quick to neutral” on the sovereign interest rate over the next two meetings, with high inflation remaining the main focus. The central bank appears willing to rethink aggressive plans to raise interest rates to curtail inflation. 

As the central bank looks to trim its balance sheet near $9 trillion, the minutes also addressed the possibility of direct mortgage securities sales to the bank. Another economic highlight was a smaller-than-expected increase in durable goods orders and another decline in mortgage applications. The durable goods orders rose 0.4%, and shipments increased 0.1% in April. Including transportation, new orders and shipments rose 0.3% and 0.2%, respectively. The Mortgage Bankers Association reported that mortgage applications declined 1.2% in the week ending May 20, following an 11% decline the previous week.

Dow Jones technical analysis:

The index’s stability above 32,000 is technically a positive sign, especially since the RSI indicators have shown continued positive activity. Although the index is still trading within a price channel range, the corrective bearish trend remains the dominant trend in the short term, as shown in the chart below. For some time (daily), it continues to trade below its simple moving average for the previous 50 days despite the negative pressure.

We, therefore, still expect that the index’s decline will resume during the upcoming trading session, especially if the index’s stability returns below 32,000, after which it will target the main support level of 31,000.

Amelia Young

Amelia Young

She established her career with The New York Times and shifted to The Wall Street Journal in 2017.

Related Posts

Dow Jones Stocks | FintechZoom

The Significance of IndexDJX: .DJI in the Stock Market – Explained

March 21, 2023
Smartphone with red Dow Jones Chart over Laptop keyboard | FintechZoom

INDEXDJX: .DJI and Nasdaq down 1% after hotter-than-expected inflation

February 16, 2023

Dow Jones Industrial Average (INDEXDJX: .DJI) down 0.11% today. Microsoft +4.69%, 3M +3.89 %, Intel +3.85%

February 2, 2023

What is the Dow Jones and why is it Important?

October 17, 2022

What Is Bear Market? An Ultimate Guide

October 16, 2022

What is Dow Jones Today – Dow Jones futures rose 1.4%

June 21, 2022

Dow Jones made a Breakthrough, Will It be Able to Continue?

May 26, 2022

Dow Jones Forecast: INDEXDJX: .DJI Continues Upside closing at +0.60%

May 25, 2022

Dow Jones Slightly Up, Trying to Survive Bearish Trend

May 25, 2022
Next Post
REYNOLDS LAKE

Reynolds Lake Oconee has been recognized as a 2022 Golf Digest Editors' Best Golf Resorts

Meta

US Stocks: Big gains registered in the tech market with Twitter and Meta leading the race

FTSE 100 Market Zoom

EU Stocks: DAX +1.59% and Deutsche Bank AG  1.54% with an overall volume of 7.97M most active stocks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Advertise
  • Careers
  • Terms and Conditions
Call us: + 1 917 9939840

© 2016-2023 FINTECH ZOOM - WORLD FINANCE

No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Real Estate
    • Entertainment
    • Health
    • Cars
    • Famous People
    • Near Me
    • Life
    • Weather Tomorrow
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom
    • Fintech Zoom Logo
    • FintechZoom PRO

© 2016-2023 FINTECH ZOOM - WORLD FINANCE