- The Dow Jones rises 1.27% daily, currently operating over 40,089.
- The Nasdaq 100 rebounds 2.78% in the day, reaching maximums of April 9 in 19,220.
- The S&P 500 wins 2.02% on Thursday, led by Servicenow (Now).
- Weekly applications for unemployment are increased to 222,000 last week, exceeding analysts.
- The president of the United States, Donald Trump, confirms a meeting with Chinese officials, increasing the hopes of a commercial agreement.
The Dow Jones marked a minimum of the day in 39,236, where he found buyers who promoted the index to a daily maximum in 40,154.
The industrial average Dow Jones opened at 39,401, while the Nasdaq 100 technological index began operating in 18,664. The S&P 500 started the day in 5,359, extending the profits of the previous session.
The Dow Jones closes on the negative field driven by Salesforce and Caterpillar
The Dow Jones index wins 1.27% today, currently quoting about 40,089.
Salesforce (CRM) shares have a 5.17% gain in the day, reaching maximums of April 9 at 264.08, spinning three consecutive sessions upwards, leading the profits in the Dow Jones.
On the other hand, Caterpillar (CAT) titles earn 3.47% daily, visiting three -week maximums not seen since April 3 at 306.08 $.
The Dow Jones wins 503 points at the close of the American session, taking up the upward perspective in tune with the main stock market rates.
Microchip technology and on semiconductor lead the profits in Nasdaq 100
The Nasdaq 100 technological index rises 2.78% on Thursday, visiting maximums not seen since April 9 at 19,220.
Microchip Technology (MCHP) shares are fired 12.19% in the day, visiting April 3 at $ 47,15, signing its fifth consecutive day upwards.
In the same tonic, on semiconductor titles, recover 8.87% daily, operating at the time of writing at $ 39,87, reaching maximums of April 2.
The Nasdaq 100 wins 519 points daily, currently operating in 19.203, spinning three consecutive sessions with profits.
The S&P 500 reaches maximum three weeks animated by an excellent quarterly service of Servicenow
The S&P 500 wins 2.02%, reaching three -week maximums not seen since April 3 in 5,487.
According to the United States Department of Labor, weekly applications for unemployment subsidy increased to 222,000 in the week ending on April 19. This figure is located above the 216,000 observed in the previous week and the 221,000 estimated by the consensus.
At the same time, the requests for lasting goods increased by 9.2% in March compared to the planned 2%, exceeding 0.9% reported in February.
Donald Trump confirmed today an early meeting with Chinese officials, with the intention of reaching a tariff agreement between the two countries, however, additional details have not been released.
The S&P 500 goes up 108 points after this news, spinning three consecutive days upward. In this scenario, Servicenow (Now) shares shoot 15.49% on Thursday, operating at the time of writing about 938.57 $. NOW obtained revenues for 3.09 billion dollars compared to the 3.08 million dollars expected by analysts, as well as an share of $ 4.04, exceeding $ 3,831 scheduled by the market.
Technical Analysis of Dow Jones
The Dow Jones established a short -term support given by the minimum of April 21 in 37,853. Upwards, the closest resistance is observed at 40,774, maximum of April 14. The next key resistance is 42,820, a pivot 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.
