US equity benchmarks moved higher on Friday amid better manufacturing data from the country. At the time of writing, the S&P 500 index was 1% higher, while the Dow Jones Industrial Average gained 0.6%.
The US indices that I follow here are FX Empire all look as if we are still in a holding pattern, albeit in a longer-term uptrend as well. At this point, a lot of liquidity is still missing from the markets, so keep this in mind.
The Dow Jones Industrial Average contains 30 handpicked companies that are, or at least once were, leaders in their respective industries. This makes the index an interesting hunting ground for high-yield stocks.
Verizon Communications is the only Dow Dog meeting the ideal of annual dividends from $1K invested, exceeding the single share price. Analysts forecast 11.36% to 31.73% net gains from the top ten Dow Dogs by January 2026, with Merck leading at $313.37. A market correction of 82% could make all top ‘safer' Dow dividend dogs fair-priced, with dividends from $1K invested meeting or exceeding share prices.
Major US equity benchmarks rose on Thursday, starting off the new year on a positive note after sharp gains in 2024. At the time of writing, the Dow Jones Industrial Average was up 0.8%, while the S&P 500 index also rose 0.8%.
The Dow Jones Industrial Average has been considered a reliable snapshot reference for the health of American industry for over 130 years.
The 3 major US indices that I follow here at FX Empire all seem to be pointing in an upward direction in early electronic trading on Thursday, as traders are coming back from the holiday. That being said, liquidity is still going to be an issue for the next couple
The ‘Dogs of the Dow' is a well-known strategy first published in 1991 by Michael Higgins.
In the most recent trading session, Dow Inc. (DOW) closed at $40.13, indicating a +1.75% shift from the previous trading day.
Led by Nvidia and Walmart, the best Dow Jones stocks have far outpaced the index's overall 13% gain. The post These Are The 5 Best Dow Jones Stocks Of 2024 appeared first on Investor's Business Daily.
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling more than 100 points on Tuesday.
On the last day of the year, the indices in the United States all look likely to rally and have been gaining ever so slightly in the early hours again.