Market Rally Archives - The Dividend Ninja

The Markets Have Stalled: What Factors Are Weighing In?

The last week of June has been rather bearish for Wall Street. The Dow Jones Industrial Average has retreated from over 21,500 to its current level of 21,367.58. While still impressive, the recent losses have dampened expectations somewhat. The S&P 500 index has also performed in a similar fashion, declining from the 2,450 support level to its current level of 2,425.63. And the tech-heavy NASDAQ composite index is down from a week high of 6,290 to its current level of 6,161.73. The weekly performance of Wall Street bourses should not be perceived as a barometer of the overall strength of …

How Long Will the Wall Street Rally Last?

by Josh Miller

2017 is now well underway and equities traders on Wall Street could not be happier. The Dow Jones Industrial Average has broken through the critical 21,000 resistance level and by 1 March was trading at 21,073.70. Not to be outdone, the S&P 500 index is hovering around 2,384, while the NASDAQ composite index is holding steady at 5,876. These numbers are significant in many ways. For starters, the Dow is trading at record levels. Over the past 1 year, the premier blue-chip index – the Dow 30 – is up 24.71%, while the S&P 500 index is up 20.02% and …