Today’s Stock Market News & Events

Chip stocks helped fuel a bear-market rally on the Nasdaq. US stocks are DotBig enjoying a relief bounce following a terrible first half of the year.

  • Today, the Dow Jones Industrial Average consists of the 30 most important market-leading companies on the American stock exchange and reflects their growth.
  • The Dow Jones was developed by Charles Henry Dow and originally contained just 12 American companies.
  • © 2022 Insider Inc. and finanzen.net GmbH .
  • A wholesale inventories revision is also on the docket.
  • Dividend payments are not considered in the index.

The inclusion of a company in the Dow Jones Industrial Average does not depend on defined criteria. Instead, an independent Wall Street Journal commission decides whether a share is to be included or excluded. RACE There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed. Like the Swiss Market Index , the Dow Jones is a price index.

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More employment-related indicators are expected on on Friday. Nonfarm payrolls data is on tap, in addition to an unemployment rate update, average hourly earnings, and the labor force participation rate. A RACE stock price wholesale inventories revision is also on the docket. Mortgage rates fell for the second week in a row according to Freddie Mac, as investors grow more concerned that the economy is headed for a recession.

Today the usual initial and continuing jobless claims data will be released accompanied by the monthly ADP employment report, and a foreign trade balance update. S&P Global Vice Chairman Daniel Yergin joined ‘Mornings with Maria’ to provide insight into the global energy market and noted more oil is needed worldwide. The Dow Jones Industrial Average is the most well-known http://dotbig.com/markets/stocks/RACE/ share index in the USA. The Dow Jones was developed by Charles Henry Dow and originally contained just 12 American companies. It was published for the first time in May 1896 and opened at a level of 40.94 points. Today, the Dow Jones Industrial Average consists of the 30 most important market-leading companies on the American stock exchange and reflects their growth.

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The shares included in it are weighted according to price; the index level represents the average of the shares included in it. Dividend payments are not considered in the index. The Treasury yield curve deepened its inversion after the release of the Fed’s June minutes, signaling the bond market is eyeing a looming recession. Twitter icon A stylized bird with an open mouth, tweeting. YouTube icon A play button in the shape of a television screen. © 2022 Insider Inc. and finanzen.net GmbH .