The Dow Jones Industrial Average (DJIA) stumbled on Tuesday, slipping back to 39,320.00 after US Producer Price Index (PPI) inflation came in higher than expected.
Dow Jones shied away from gains after PPI printed higher than expected. Fed Chair Powell made an appearance to soothe investor nerves after inflation print. US CPI inflation and Retail Sales in the barrel for Wednesday. The Dow Jones Industrial Average stumbled on Tuesday, slipping back to 39,320.00 after US Producer Price Index inflation came in higher than expected.
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.
. One is to use ETFs which allow investors to trade the
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