Stocks sink on Tuesday as Alphabet sells off 9% on slowing cloud growth. Preliminary US GDP growth for Q3 will be released on Thursday. Dow Jones Industrial Average lost 1.61% last week and is largely flat through Wednesday of this week. PCE inflation results for September arrive on Friday to tell the market how so to expect cuts. Visa, 3M, Dow, Verizon, Microsoft, Coca-Cola already released earnings results this week. is down 0.15%, while the S&P 500 and NASDAQ Composite have sold off 1.
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.
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 .
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