- The Dow Jones marginally wins 0.02% daily, currently operating at 40,099.
- The Nasdaq 100 rebounds 1.13% today, reaching maximums of more than three weeks in 19,440.
- The S&P 500 rises 0.74% in the day, signing four consecutive days with profits.
- The consumer’s feeling index of the University of Michigan was located at 52.2 points in April, exceeding market estimates.
- Donald Trump mentioned today that he will not reduce tariffs unless he gets something substantial from China.
The Dow Jones reacted upwards from a daily minimum at 39,711, attracting buyers who promoted the maximum index of April 23 in 40,208.
The industrial average Dow Jones opened in 40,123, while the Nasdaq 100 technological index began negotiations in 19,358. The S&P 500 began negotiations on Friday at 5,488.
Nvidia Corporation and Merck & Company keep Dow Jones in a profit zone
The Dow Jones index gains 0.02% marginally today, reaching a maximum of the day in 40,208.
The titles of Nvidia Corporation (NVDA) rise 4.30% today, reaching maximum of April 15 at 105.73 $.
On the other hand, Merck & Company’s shares progresses 3.63% daily reaching maximums of April 8 at $ 83.28.
The Dow Jones goes up 10 points on Friday, currently operating at 40,009.
The Nasdaq 100 struggles to stay in positive territory animated by Tesla and Charter Communications
The Nasdaq 100 technological index wins 1.13% in the day consolidating at three -week maximums not seen since April 3 in 19,245.
Charter Communications (CHTR) values shoot 10% today visiting maximums not seen since April 3 in 370.37 $ after the publication of its profit report.
CHTR obtained revenues for 13.73 billion dollars, exceeding 13.67 billion dollars planned by analysts, as well as a gain per share of $ 8.42, slightly lower than 8,431 projected by the market.
On the other hand, the shares of Tesla (TSLA) rise 6.04% in the last day of the week, reaching maximum of April 2 in 278.18 $, signing its fourth consecutive day with profits.
The Nasdaq 100 goes up 216 points in the middle of a day with little volume.
The S&P 500 ends Friday on Friday on positive field
The S&P 500 rises 0.74%, reaching maximums of April 3 5.525.
According to information presented by the University of Michigan, the consumer’s feeling index rose to 52.2 in April, standing above the 50.8 points previous and estimated.
Donald Trump pointed out today that he will not reduce tariffs unless China grants something substantial, although he pointed out that it will be reasonable in terms of commercial rhetoric.
The S&P 500 wins 40 points after these events, currently operating in 5,520 signing its fourth consecutive day up.
Technical Analysis of Dow Jones
The Dow Jones reacted upwards from a short -term support given by the minimum of April 21 in 37,853. To the north, the closest resistance is in 40,774, maximum of April 14. The following important resistance is 42,820, Pivote Point of March 26.
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.
