Dow Crosses 26,000: Is the US-China Trade Deal Enough to Revitalize the Market?

Throughout the past five days, amidst reports about the Federal Reserve’s reluctance towards raising the interest rate, the Dow Jones has breached the 26,000-point mark for the first time since March 1. The Dow suffered early last week due to the steep sell-off of the Boeing stock, which is estimated to have cost the Dow more than 300 points but it briefly broke out of 26,000 points on March 19, showing signs of a potential short-term rally. While the Dow has slightly dropped to 25,887 points, on Tuesday, the WSJ reported that the negotiators of the U.S. and China scheduled

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source https://www.ccn.com/dow-crosses-26000-trade-deal-enough-revitalize-the-market

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