The Dow Jones backslid another 150 points on Wednesday. Equity markets with little data to chew on are awaiting key earnings reports. Nvidia earnings are due after the closing bell, meaningful economic data starts Thursday. The Dow Jones Industrial Average tested familiar lows on Wednesday, churning chart paper just north of the 43,000 handle.
is down nearly 3% from all-time highs posted a little over a week ago just above 44,400. Despite a near-term backslide, the Dow Jones is sitting better than pretty; the major equity index is still trading well north of the 50-day Exponential Moving Average near 42,500, and it’s been nearly 13 months since the Dow Jones last kissed the 200-day EMA which is now rising into 40,250.
? There are a number of ways to trade the as a single security, rather than having to buy shares in all 30 constituent companies. A leading example is the SPDR Dow Jones Industrial Average ETF .