- The Dow Jones loses 1.78% day, currently quoting about 39,658.
- The Nasdaq 100 falls 2.99% today, weighed by Nvidia (NVDA).
- The S&P 500 decoced 2.28% on Wednesday, reaching minimum of April 10.
- The United States retail sales rise 1.4% in March, exceeding analysts’ estimates.
- The president of the Federal Reserve, Jerome Powell, said that tariff policy means greater inflation and lower economic growth.
The Dow Jones marked a maximum of the day in 40,042, where he found aggressive vendors that led the index to minimums not seen since April 11 in 39,392.
The industrial average Dow Jones opened at 40,042, while the Nasdaq 100 technological index began negotiations in 18,781. The S&P 500 began operating in 5,353, resuming the bearish trend in tune with the main stock market rates.
The Dow Jones quotes downstairs by Amgen and Apple
The Dow Jones index falls 1.78% daily, reaching minimum of April 11 in 39,392.
Amgen’s shares (AMGN) lose 3.82%, currently operating about 283.97 $, ending with three consecutive days with losses.
In the same tonic, Apple’s titles (AAPL) go back 3.89% today, currently quoting in 194.27 $, spinning two consecutive days with losses, reaching minimum of April 11 in 192.37 $.
The Dow Jones falls 718 points today, spinning two consecutive days down.
Nvidia Corporation takes Nasdaq 100 to loss zone
The Nasdaq 100 technological index falls 2.99% on Wednesday, operating at the time of writing at 18,257.
Nvidia (NVDA) shares sink 6.87%, reaching a minimum not seen since April 10 in 100.45 $ after new export restrictions to China.
The president of the United States, Donald Trump, has imposed an indefinite license on NVIDIA (NVDA) for sale to China of H20 artificial intelligence chips, with immediate effect.
At the same time, Advanced Micro Devices (AMD) titles lose 7.35% daily, operating currently over 86.40 $. This fall is presented after the requirement of export licenses for AMD GPUs that are sold in China.
The Nasdaq 100 ends with three consecutive days, losing 563 points today, being affected by the commercial rhetoric imposed by Donald Trump to China.
The S&P 500 concludes Wednesday on Wednesday in negative field after the statements of Jerome Powell
The S&P 500 spin its second consecutive day with losses, losing 2.28% today, currently quoting over 5,271.
The United States retail sales presented an increase of 1.4% in March, improving the provisions of 1.3% and 0.2% observed in February. In contrast, industrial production presented a 0.3% decrease, worsening the estimated decrease of 0.2% and the increase of 0.8% observed in February.
On the other hand, the president of the Federal Reserve, Jerome Powell, acknowledged that tariffs major than expected probably mean greater inflation and lower economic growth, waiting for an increase in market volatility.
In this context, the S&P 500 falls 122 points, in tune with the main share rates.
Technical Analysis of Dow Jones
The Dow Jones reacted down from a short -term resistance given by the maximum of April 14 in 40,774. The next key resistance is observed in 42,820 maximum of March 26, in convergence with the exponential mobile average of 21 periods. To the south, the important support is in 36,614, pivot point of April 7.
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.
