Dow Jones turns the last losses, but still has a very slope to climbing

• Dow Jones regained about 520 points on Friday.
• Despite the withdrawal at the last minute, Dow remains in 1400 points for this week.
• The stocks ignored one of the worst publications of consumers in years.

The industrial average (DJIA) is on the edge of the abyss on Friday, as it returned to approximately 520 points after a series of bad losses that have witnessed 3373 points collapsing, or -7.66 % of peak to the period, over a period of two weeks. However, the wide recovery on Friday in stocks may be bad in time: the indicators of the consumer expectations at the University of Michigan (UOM) have seen their sinking deeper in the years on Friday, and the pain may affect the consumer feelings rebel on the line.

The consumer morale index at Massirah University in March declined to the slightest printing of it in more than two years, as it decreased to 57.9 with the aspirations of the Trump administration in a global trade war with everyone at the same time, holes begin to consume consumers in the United States. The average market expectations expected a slight slowdown in the main consumer index, expecting a decrease to 63.1 out of 64.7.

UOM Consumer Moral Index (March)

The March consumer inflation expectations in UOC, with estimates of up to 5 years increased by 3.9 %, and the highest monthly gains for the index in more than four decades. An inflation forecast also increased for one year to the highest level in two years amounting to 4.9 %, proving that consumer enlargement is far higher than the Federal Reserve annual goal (FED) by 2 %.

Inflation expectations for the consumer for 5 years (March)

The confidence of the relying consumer is badly affected by economic activity in the United States, and the chief economist in the Comerica Bank Bill:

“The decline in confidence has become a real threat to spending on consumers, as it is often repeated, two thirds of American economic activity.”

Its credit, the price markets are stubbornly linked to the idea of ​​reducing the Q2 rate of the Federal Reserve. According to the Fedwatch tool for the CME, price traders still hear approximately 80 % of a quarter -point trimmer from the Federal Reserve in June. Federal Reserve Chairman Jerome Powell and other members of the FOOC Open Market Committee (FOMC) will stand at prices at the rates of price next week and again in May.

Dow Jones News

Most of the securities listed in Dow Jones Industrial MALED find space on the high side on Friday as investors extend their purchase buttons. However, the gains are concentrated in the preferences of the American banking technology and banking giants. NVIDIA (NVDA) has turned 4.5 %, increasing more than $ 120 per share, as Rallly Rally Darling struggles to capture a final losing chain that made silicone perforated from standard levels above $ 150.

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Dow Jones price expectations

On Friday, I took a four -day losing chain on Dow Jones, but the main stock index remains on the declining side of the 200 -day SIA moving average (EMA) near the main price handle of 42000. Download Jones came in bush from hitting the correction area after failing in the chalk at new levels of levels since the November summit north with a little 45,000, and the stock traders will look to expand his leg Fresh upholstery after testing a brief scheme area below 41000.

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