DOW JONES

Dow Jones trades above the $52,000 support area, and prices are likely to move sideways between the aforementioned support area and the $51,000 resistance area during today’s trading.
|
Support |
52000 | 51000 |
| Resistance | 53300 |
54000 |
Dow Jones futures declined ahead of the Wall Street opening as selling pressure returned following continued U.S. strikes on Iran and a rise in oil prices to their highest levels in nearly four weeks, reviving concerns over higher inflation and prolonged elevated interest rates.
Investors also reduced their exposure to risk ahead of the release of U.S. inflation data and major bank earnings, after the index ended Monday’s session down 0.26% at 52,498.64 points.
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