DOWJONES
Dow Jones Index is trading above the $51,250 support zone, with prices likely to rise and retest the $52,350 resistance zone, while this scenario would be invalidated if prices break below the aforementioned support zone during today’s trading session.
| Support | 51250 | 50700 |
| Resistance | 52350 | 52900 |
Dow Jones futures continued to rise today, supported by sustained investor demand for large-cap stocks and defensive sectors, while technology and semiconductor stocks remained under selling pressure. The gains extended the previous session’s positive performance, when the index closed at 51,850 points, supported by advances in energy and telecommunications stocks, reflecting a shift in investor interest toward sectors less exposed to volatility in technology shares. Meanwhile, markets are awaiting earnings reports from major U.S. banks and key inflation data scheduled for release this week, which could influence interest rate expectations and the Federal Reserve’s monetary policy outlook.
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