U.S. stocks turned higher midway through trading, with the Dow Jones index gaining around 50 points on Thursday.
9:40am: Investors take profits after Christmas rally US markets opened lower on Thursday, as trading resumed after the Christmas holiday. The Dow fell 0.3% to 43,177, the S&P 500 declined 0.2% to 6,028, and the Nasdaq dropped 0.2% to 20,0017.
The US indices are all a bit weaker in the early hours of the Thursday session, which of course will be greatly influenced by the lack of trading volume.
Dow Inc. (DOW) closed the most recent trading day at $40.09, moving +0.3% from the previous trading session.
The Dow Jones Industrial Average is chock-full of industry-leading blue chip stocks -- many of which pay dividends. But the Dow tends to underperform the S&P 500 during growth-driven rallies when investors pile into companies based on their potential.
The US indices are all looking like they want to go higher again, in what would have been very illiquid trading. That being said, it would just be a simple continuation of the overall trend anyway.
Dow Inc. shares have dropped 25% in three months, but the stock has value due to its strategic supply chain role and decent dividend. Dow's three main segments—Packaging and Specialty Plastics, Industrial Intermediates and Infrastructure, and Performance Materials and Coating—are crucial for various industries, making it a key economic player. Despite soft demand and macroeconomic risks, Dow's balance sheet can support its 7% dividend, with potential mid-term earnings growth from ongoing projects.
Dow Jones media giant Disney, along with Meta stock and Burlington, are in or near buy zones on the stock market today. The post Dow Jones Media Giant Disney, Meta Stock Eye Next Buy Points appeared first on Investor's Business Daily.
The US indices look somewhat positive in the overnight electronic trading hours, as we are looking towards the Wednesday Christmas holiday more than anything else. That being said, this time of year is typically positive, and I believe that will continue to be the case.
Investors who are hungry for dividend-paying stocks that can be relied on will want to turn their attention toward the Dow Jones Industrial Average (^DJI 1.18%). It's a great place to start looking for streams of passive income.
The Dow Jones Industrial Average is the oldest stock market index in the U.S. This price-weighted index tracks the performance of 30 of the largest publicly traded companies in the country. Its constituent companies span a variety of industries and sectors, and it's considered by many to be a dependable indicator for the health of the economy and of stock market performance in the U.S.
"Dogs of the Dow" is a popular investing strategy. By buying shares of the highest-yielding stocks on the Dow Jones Industrial Average (^DJI 1.38%) market index, you can buy into top-quality companies whose shares are selling at a discount.