Dow Jones

U.S. stocks are heading for a weaker at open after a thinly veiled nuclear threat from Russian President Vladimir Putin and as investors digest more corporate earnings. Putin has lowered the bar for a nuclear attack after US President Biden reportedly allowed US missiles to be fired deep into Russia. Risk off is dominating. Walmart is set to open 4% higher after upbeat results and guidance.

Wall Street indices displayed their first signs of doubt following Trump’s election victory last week, with the Dow leading losses on Tuesday. Weak sentiment from China has also weighed on ASX futures overnight.

Dow Jones Forecast: With renewed market optimism across indices, cryptocurrencies, and the US dollar following Trump’s win, the Dow Jones is hitting record highs, prompting analysis of potential upcoming resistance levels and the sustainability of this bullish momentum.

As we head deeper into a pivotal week and a half, several high-impact events could shape market direction. Investors are bracing for a series of earnings reports from major companies, often referred to as the "Magnificent 7" stocks, alongside the US monthly jobs report. These, combined with the US election on November 5, represent a series of risk events that could sway investor sentiment and thus impact the Dow.

As we head into a pivotal week and a half, several high-impact events could shape market direction. Investors are bracing for a series of earnings reports from major companies, often referred to as the "Magnificent 7" stocks, alongside the US monthly jobs report. These, combined with the US election on November 5, represent a series of risk events that could sway investor sentiment and thus impact the Dow forecast.

Wall Street indices may be around their record highs, yet the Dow Jones has been knocked from its perch and considering its next leg lower. Yet I suspect buyers are lurking around the China A50 in anticipation of its next leg higher.

After reaching an all-time high last week, US futures were trading lower pre-bell ahead. Today is set to be a quiet day for economic announcements, and this week, the economic calendar remains quiet. However, corporate earnings will ramp up across the week. Earnings from Tesla, IBM and Coca-Cola are in focus this week.

U.S. stocks are heading lower as investors digest hotter-than-expected inflation and cooler-than-forecast labor market figures, raising some questions over the Goldilocks scenario that the US economy had been enjoying. US CPI was 2.4% YoY, down from 2.5% YoY, but above 2.3% forecast. Meanwhile, jobless claims rose to a yearly high, although volatility from storm disruptions will start to add volatility to the jobless claims data.

U.S. stocks are pointing to a muted open ahead of the keenly awaited Nvidia results on Wednesday and crucial economic data later in the week. While US consumer confidence figures are due later today, Friday's core PCE data will likely have more of an impact on the market. Before then, Nvidia's earnings after the close tomorrow could influence broader market sentiment.

The Dow Jones reached a record high on Monday, but only just. And unless other key markets close the gap, we could be looking at a bull trap.

US stocks are heading for a quiet start, with the Dow Jones approaching 41k as central bankers gather at Jackson Hole for the start of the Fed's economic symposium. The market is supported by expectations that the Fed will start to cut rates in September.The FOMC minutes and a downward revision to US payrolls support the Fed reducing rates. Attention turns to Fed Powell's comments tomorrow for further clues.

Another turbulent session on Wall Street saw the Dow Jones snap a 6-day winning streak, the VIX rise to a 12-week high and drag ASX 200 futures down accordingly.

Dow Forecast Update: The Dow has reached its 4th record high in as many days, on a day when the Nasdaq was plunging. Sector rotation is the name of the game.

AUD/USD probed a key support level after erasing most of the past six days of gains in just two. And that suggests there could be further downside before bulls step back in. The combination of strong earnings, dovish Fed comments and softer Canadian CPI was enough to push gold and the Dow Jones to record highs, which enjoyed their strongest day's performance in 4 months and 13 months respectively.

U.S. stocks point to a higher start as traders assess the implications of an assassination attempt on former U.S. President Donald Trump and ahead of a speech by Federal Reserve chair Jerome Powell later today. Earnings are also in focus with numbers from Goldman Sachs and BalackRock.

The Dow has risen along with the Russell 200 index after the Consumer Price Index (CPI) came in at 3.0% instead of the expected 3.1%. Small caps are set for a big rally, with Russell 2000 index breaking out a good 3% at the time of writing.

Interest rates are starting to be cut across the developed world. The combination of lower borrowing costs and positive economic growth should benefit cyclical assets, including stock indices which have lagged during the aggressive rate tightening cycle of recent years. That presents an opportunity for traders.