Dow Jones Industrial Average churns on Wednesday as investors wait for signs

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Dow Jones Industrial Average churns on Wednesday as investors wait for signs
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The Dow Jones Industrial Average (DJIA) stumbled on Wednesday, falling from recent highs near 38,550.00 as investors ease off of Tuesday’s risk appetite.

Dow Jones falls back below 38,400 and then recovers as risk appetite wobbles. US Durable Goods Orders missed forecasts, but still climbed. US GDP, PCE inflation are key data highlights for the rest of the week. The Dow Jones Industrial Average stumbled on Wednesday, falling from recent highs near 38,550.00 as investors ease off of Tuesday’s risk appetite.

remains hamstung in a tricky midrange between the last major swing high approaching 40,000.00 and the 200-day Exponential Moving Average providing major technical support from 36,720.70. Dow Jones five minute chart Dow Jones daily chart Dow Jones FAQs What is the Dow Jones? The Dow Jones Industrial Average, one of the oldest stock market indices in the world, is compiled of the 30 most traded stocks in the US. The index is price-weighted rather than weighted by capitalization.

? 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 .

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