Dow Jones flattens despite broad-market sentiment recovery

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PMI,Equities

The Dow Jones Industrial Average (DJIA) failed to capitalize on a broad-market uptick in risk appetite on Wednesday.

Dow Jones churns close to flat on Wednesday as index gets left out of bull run. Dow Jones struggles as other US equity indexes climb into fresh record highs. US data broadly softened, sparking a risk rally on heightened rate cut hopes. The Dow Jones Industrial Average failed to capitalize on a broad-market uptick in risk appetite on Wednesday.

as it affects the cost of credit, on which many corporations are heavily reliant. Therefore, inflation can be a major driver as well as other metrics which impact the Fed decisions. What is Dow Theory? Dow Theory is a method for identifying the primary trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Average and the Dow Jones Transportation Average and only follow trends where both are moving in the same direction.

. One is to use ETFs which allow investors to trade the

 

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