Dow Jones gets dragged down by declines in healthcare and biotech. Equities rebalancing after US markets return after holiday. Investors on the lookout for signs of rate cuts from cautious Fed. The Dow Jones Industrial Average shed weight on Tuesday after US markets returned to action following an extended holiday weekend.
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