The
Dow saw significant activity, posting record highs driven by strong jobs data, which eased concerns regarding the economic slowdown. Despite a blowout jobs report, the Dow experienced fluctuations partly due to Middle East tensions and oil price shifts. However, it managed to recoup losses and even led declines in anticipation of the jobs report. The Dow Jones also managed to inch up despite jobless claims while stocks such as
Coca-Cola and
Nvidia experienced gains. Meanwhile, firms like
Tesla struggled. Despite a jumpy month, the Dow and S&P 500 both hit fresh records capping off a vigorous September and quarter. Despite strong performance, fear over escalating Middle East tensions and potential military conflict caused stocks to edge higher with caution. The stocks
futures also varied ahead of job reports, economic data and amidst geopolitical concerns. Positive jobs report and economic data triggered favourable market responses, and Dow leader
Amazon alongside Tesla approached buy points. However, fearing Middle East tensions,
oil prices experienced a surge, and the stock rally lost some momentum.
Dow Stocks DOW News Analytics from Tue, 10 Sep 2024 07:00:00 GMT to Sat, 05 Oct 2024 20:09:00 GMT -
Rating 7
- Innovation -5
- Information 8
- Rumor 2
