In an eventful period for the DOW stocks, the market saw a sharp sell-off triggering a heavy slide in the Dow. The S&P 500, and Nasdaq however, managed to recover. Dow Industrials performances were also strained as the market was affected by president Trump's renewed attack on Fed Chair Powell. UnitedHealth significantly affected Dow's performance as its stocks plunged, causing the Dow to dip alongside it. Stocks generally fell for the week, despite Netflix possibly signaling a breakout. This is attributed to the week ending on a lower note with investor apprehensions surrounding Trump's stance on Powell and his tariff policy. The ongoing tariff tensions had a challenging impact on the market, causing Nasdaq to plunge. The steep fall in UnitedHealth's stocks has pushed the Dow into an unfamiliar situation, causing a historic divergence from the S&P. The situation holds consequences as Dow experiences its first 'death cross' since November 2023, a technical chart pattern indicating the potential for a major sell-off. News on the tariffs partially pushed the stocks back, with a noticeable rise for a day. However, the trade against China led to a market decline as Trump's new tariffs caused a COVID-like shock.
Dow Stocks DOW News Analytics from Thu, 03 Apr 2025 07:00:00 GMT to Sat, 19 Apr 2025 23:00:00 GMT - Rating -5 - Innovation 2 - Information 8 - Rumor -3