The Dow Jones Industrial Average (DJIA) held steady on Thursday, drifting into the 44,000 major price handle as investors balked at the latest US Producer Price Index (PPI) inflation figures.
The Dow Jones is settling back into the 44,000 handle as investors take a pause. US PPI inflation accelerated faster than expected in November. Analysts increasingly worry that it may take longer to get to 2% inflation. The Dow Jones Industrial Average held steady on Thursday, drifting into the 44,000 major price handle as investors balked at the latest US Producer Price Index inflation figures.
as it affects the cost of credit, on which many corporations are heavily reliant. Therefore, inflation can be a major driver as well as other metrics which impact the Fed decisions. What is Dow Theory? Dow Theory is a method for identifying the primary trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Average and the Dow Jones Transportation Average and only follow trends where both are moving in the same direction.
. One is to use ETFs which allow investors to trade the
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