The Dow Jones Industrial Average (DJIA) fell around 300 points on Monday after investors took a backstep after US ISM Manufacturing Purchasing Managers Index (PMI) figures unexpectedly declined in May.
Dow Jones backslides as investors balk at softening US data. Markets have shifted to bets of a November Fed rate cut. Monday kicks off NFP week with a sharp pullback in equities. The Dow Jones Industrial Average fell around 300 points on Monday after investors took a backstep after US ISM Manufacturing Purchasing Managers Index figures unexpectedly declined in May. Softening US data knocked risk appetite lower as markets rethink their outlook on the US economy.
close in the red for all but three of the last ten consecutive trading sessions. The Dow Jones still remains firmly in bull territory, but bids are edging closer to the 200-day Exponential Moving Average at 37,247.44. 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.
? 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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