The US indices continue to see overall consolidation, as we are now focusing on the Non-Farm Payroll announcement coming out on Friday.
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday.
News Corp — owner of The Post and The Wall Street Journal — reported better-than-expected quarterly earnings on Wednesday, driven by growth in its digital real estate, Dow Jones and book publishing divisions.
To get the latest market news, check out finance.yahoo.com US stocks recovered from losses on Wednesday to close higher on the day. Earnings from Alphabet (GOOG, GOOGL) and AMD (AMD) fell short, but Big Tech got a boost from a jump in Nvidia (NVDA) shares.
Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or a portfolio consists of income and stock appreciation.
Less tech and high financials exposure helped the Dow Jones ETF stay strong in January.
The US indices that I follow here at FX Empire all look somewhat quiet and hesitant in the early hours of Wednesday trading, as we await several announcements, and quite frankly, might be taking a breather after the tariff spats.
For more than 128 years, the iconic Dow Jones Industrial Average (^DJI 0.30%) has served as Wall Street's "health" barometer. Though it began as an industrial stock-dominated index with 12 members in May 1896, it's comprised of 30 highly diverse, multinational companies today.
The Dow Jones Industrial Average got off to a solid start this year. The widely reported index, consisting of 30 large-cap stocks representing multiple sectors of the economy, gained 4.7% in the first month of the year.
The US indices that I cover here at FX Empire all look a bit tired at the moment, as we are simply drifting. This makes sense, as the trade wars threats had most traders nervous.
Consisting of 30 highly liquid stocks belonging to large-cap and mega-cap companies, the price-weighted Dow Jones Industrial Index (DJIA) is one of the most important indices in the financial markets.
Wall Street headed towards Tuesday's session on the back foot once again as Donald Trump's tariffs remained at the centre of attention. Having firmed up tariffs on Canadian, Mexican and Chinese goods at the weekend, respective deals saw measures against the US' neighbours pushed back for a month.