Following a weak opening, the Dow Jones slipped by 0.33 percent to 26,172 on Tuesday, maintaining the 26,000-point level but disappointing investors after a strong week of gains. Despite the optimism of investors surrounding the Federal Reserve’s reluctance towards increasing its benchmark interest rate, strategists are not convinced that the Dow is ready for a full-fledged rally. Markets Preparing the Worst, Will it Zap the Dow Rally? The Dow is said to have slipped since the opening due to the 11 percent plunge in the share price of Walgreens Boots Alliance as it lowered 2019 estimates. “A number of the
The post Analyst: World ‘Preparing’ for the Worst – Is the Dow Rally Doomed? appeared first on CCN
source https://www.ccn.com/analyst-world-preparing-for-the-worst-is-the-dow-rally-doomed
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