2024-11-09 07:51
In der Industrie Dow Jones Industrial Average Clips Fresh Record
Dow Jones Industrial Average clips fresh record high as consumer sentiment climbs.
Dow Jones tapped 44,000 for the first time ever on Friday.
Equities are extending a near-term bullish push to wrap up the trading week.
UoM sentiment survey results came in much better than expected.
The Dow Jones Industrial Average (DJIA) rose into fresh all-time highs on Friday, clipping into 44,000 as stocks lean firmly bullish to close out a record week. The Dow had its best week since October of 2023, rising nearly 5% and piercing record bids three days in a row.
The University of Michigan (UoM) Consumer Sentiment Index rose to 73.0 in November, overshooting the expected print of 71.0 and climbing further above October’s 70.5 as polled consumers tilt cautiously optimistic regarding the everall state of the US economy. On the downside, 5-year Consumer Inflation Expectations also ticked higher once again, rising to 3.1% compared to the previous print of 3.0%.
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Dow Jones Industrial Average Clips Fresh Record
| 2024-11-09 07:51
Dow Jones Industrial Average clips fresh record high as consumer sentiment climbs.
Dow Jones tapped 44,000 for the first time ever on Friday.
Equities are extending a near-term bullish push to wrap up the trading week.
UoM sentiment survey results came in much better than expected.
The Dow Jones Industrial Average (DJIA) rose into fresh all-time highs on Friday, clipping into 44,000 as stocks lean firmly bullish to close out a record week. The Dow had its best week since October of 2023, rising nearly 5% and piercing record bids three days in a row.
The University of Michigan (UoM) Consumer Sentiment Index rose to 73.0 in November, overshooting the expected print of 71.0 and climbing further above October’s 70.5 as polled consumers tilt cautiously optimistic regarding the everall state of the US economy. On the downside, 5-year Consumer Inflation Expectations also ticked higher once again, rising to 3.1% compared to the previous print of 3.0%.
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