US30Dow Jones (DJIA)
50,579.7
+0.58%
SUPPORT:5020049800
RESISTANCE:5100051500
Past
What happened
Dow outperformed +0.58% to 50,579, cyclicals catching an aggressive bid as transports and industrials priced in cheaper fuel.
Why
Why it matters
Energy giving back gains is offset by every other input-cost-sensitive sector rallying — classic rotation, not a defensive bid.
Watch
What to watch
51,000 round number; durable-goods data Friday will tell us if the cyclical bid has fundamentals behind it.
HEADLINES
- Dow Jones Futures Rise But Pare Gains On Mixed Iran News; Marvell, Dell, Costco AheadInvestor's Business Daily
- S&P 500, Nasdaq, Dow Futures Rise On Hopes Of Hormuz Reopening As Trump Teases ‘Great Deal’ With Iran: BB, INFQ, NVTS, ASTS In FocusStocktwits
- Markets rejoice as deal to reopen Hormuz nears, but U.S. forces conduct ‘self-defense strikes’ on Iranian missile sites and boats laying minesFortune
- Oil Prices Drop on Prospect of Iran Deal, but Investors Aren’t Celebrating YetThe Wall Street Journal
- 3 Stocks I'd Buy Without Hesitation During a Market PlungeMotley Fool