Dow, Inflation and Stock Market
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US stocks end mixed
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The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,
McDonald's ( MCD 0.45%) had the unfortunate distinction of posting the Dow Jones Industrial Average's worst stock performance in June. The shares dropped 6.9% during the month.
DJIA's yield appears attractive but is unreliable, as option income can't consistently fund high payouts, especially during market stagnation or corrections.
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Dragged down by declines for shares of American Express and Merck, the Dow Jones Industrial Average is falling Tuesday afternoon.
Verizon has the lowest share price among the Dow's 30 components -- and that's a dangerous place to be in a share price-weighted index.
A fresh bout of technical weakness has dragged the Dow Jones Industrial Average back below 44,400 following a strong bullish performance through the last third of June. The major equity index peaked near 44,800, failing to breach all-time highs north of the 45,000 handle.
Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on Japan, South Korea and other nations, set to take effect on Aug. 1.
US stock market closed for Tuesday and S&P 500, Dow Jones Industrial Average, and Nasdaq investors will keep close eyes on Tuesday as Nvidia stocks were the stand out performer.