Category: Climb

Dow Futures Climb but Fed Could Detonate 5% Implosion This Week
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Dow Futures Climb but Fed Could Detonate 5% Implosion This Week

Dow Jones Industrial Average (DJIA) futures rose 75 points (0.28%) in pre-market trading Monday. The Federal Reserve is widely expected to cut the base interest rate for the third time running on Wednesday. If Powell and the Fed disappoint, the Dow Jones could fall 3-5% according to IAA analyst. Dow Jones Industrial Average (DJIA) futures…

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Dow Futures Climb Despite Glaring Unemployment Red Alarm
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Dow Futures Climb Despite Glaring Unemployment Red Alarm

Dow Jones Industrial Average (DJIA) futures jumped 80 points in early trading Tuesday after Treasury Secretary Steven Mnuchin confirmed China trade talks were scheduled for early October. But the news overshadowed what could be a canary in the coal mine: declining US service sector jobs. In a large data dump on Monday, jobs in the…

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