Dow Falls Again But Top Strategist Says It’s Time to Buy

2019-3-6 00:37

Since March 4, within less than two days, the Dow Jones has dropped from 26,122 points to 25,806 points, experiencing a minor pullback. The decline in the Dow Jones was largely unexpected due to the strength of the Chinese stock market and the significant progress being made in the trade talks between the U.

S. and China. Earlier this week, CCN reported that the Chinese stock market surged to its 9-month high after more than $46 billion was estimated to have flown into Chinese equities. With the global market bouncing back, the trade deal approaching its final phase, and strong technical

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The Dow and overall U. S. stock market surged on Monday after President Trump confirmed that he would extend trade negotiations with China and hold off on a planned tariff hike early next month. Dow Extends Bullish Revival; S&P 500 & Nasdaq Follow All of Wall Street’s major indexes reported gains at the beginning of the week, reflecting a strong pre-market for Dow futures.

2019-2-26 21:12