Dow Jones rises approximately 500 points while Trump calms down Powell’s concerns, and restores China.
- DJIA jumps by 1.8 % for trading above 39800 after Trump says Powell will not be removed.
- The Wall Street Journal reported that the United States weighs tariffs on China to reduce tensions.
- BESSENT does not confirm any unilateral width, but both sides see the need for mutual relief.
- Apple and NVIDIA rises 3 % and 5 % with the improvement of the morale of the United States of China.
Dow Jones (DJIA) increased by more than 490 points or nearly 1.30 % on Wednesday amid a possible mitigation of traders in the escalation of the trade war between the United States of China and the suspension of US President Donald Trump that he is not planning to remove the Federal Reserve Speaker Jerome Powell. At the time of writing this report, DJIA remains higher than 39,800 after it reached the lowest daily level of 39,544.
Hopes of escalation in the commercial war gathering between the United States of China. Apple and NVIDIA gains, gold decreases despite the fall of revenues
On Tuesday, Trump said that the customs tariff for China would be less than 145 %, but it threatened that it would “drop significantly, but it will not be zero.” A story in the Wall Street Journal is considering reducing the customs tariff for China to reduce tensions between the latter and the United States improved risks.
“There is no unilateral offer from Trump to reduce the Chinese customs tariff,” US Treasury Secretary Scott Payette added, adding that the trade war needs to be canceled for discussions to move forward.
The shares of American companies exposed to China, led by Apple (Appl) and NVIDIA (NVDA), jumped by 3 % and 5 %, respectively. Meanwhile, the market morale has decreased in the Gold Rally so far, as yellow metal diving decreased by more than 2.75 % at 3,286 dollars, although US Treasury revenues also decreased, as the 10-year T-Note voucher decreased to 4.364 %.
Dow Jones price expectations
DJIA roller direction, though. After reaching the highest daily level, it reached 40336, it appears that the index is about to close the “gap” sponsored by Trump’s comments on Tuesday. This means that DOW can fall and challenge the highest level on April 22, which turned into support at 39271, before the gathering attempts about 40,000 marks, which were tested shortly before Bessent’s notes.
On the contrary, the bears need to pull the index to less than 39,000 for a declining continuation, which would open the door for lower prices. The following support will be 38,500, followed by 38,000, before testing the minimum level (YTD) from the year to the date 36,614, which was struck on April 7.
Dow Jones, common questions
Dow Jones Industrial Meptal, one of the oldest securities market indicators in the world, is assembled from the 30 most traded stocks in the United States. The index is likely to prices instead of the capitalization. It is calculated by collecting component stock prices and dividing them into a worker, currently 0.152. The index was established by Charles Dow, who also founded the Wall Street Journal. In subsequent years, she was criticized for not being represented widely enough because it only follows 30 groups, unlike the broader indicators such as the S&P 500.
Many different factors pay the DJIA. The total performance of the component companies that have been revealed in the company’s quarterly profit reports is the main performance. Overage economy data in the United States also contribute as it affects investor morale. The level of interest rates, set by the Federal Reserve (Fed), also affects DJIA because it affects the cost of credit, on which many companies depend dramatically. Therefore, inflation can be a major driver as well as other standards that affect the decisions of the Federal Reserve.
Dow is a way to determine the basic direction of the Charles Dow. The main step is to compare the direction of the industrial average (DJIA) and the average transmission of Dow Jones (DJTA) and only follow -up trends as both move in the same direction. Size is confirmation criteria. Theory uses elements of peak and pelvis. Dow theory assumes three stages of direction: accumulation, when smart money begins to buy or sell; General participation, when the audience joins a wider scale in; And distribution, when the smart money comes out.
There are a number of ways to exchange gypsum. One of them is the use of investment funds circulating in traded investment funds that allow investors to exchange DJIA as one security, instead of having to buy shares in all thirty companies. A major example is SPDR Dow Jones Industrial ETF (DIA). Djia Futures contracts enable traders to predict the future value of the indicator and options that provide the right, but not commitment, to buy or sell the index at a pre -determined price in the future. Investment funds enable investors to buy a share of a variety of DJIA shares and thus provide exposure to the general index.
