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A bullish "golden cross" is set to appear in the Dow Jones Transportation Average's chart on Tuesday, given the current upward trajectory of the 50-day moving average, and the slight downward trajectory in the 200-DMA.
The Dow Jones Index surged to a record high this week, continuing a trend that started in April when it crashed to a low of $36,620. It has now jumped by over 22%, meaning that it is in a bull market.
US Stock Market Today slipped into caution on Thursday as the Dow Jones fell 230 points, the S&P 500 marked its fifth straight loss, and the Nasdaq ended slightly weaker. The days biggest shock came from Walmart earnings,
The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story. U.S. stock futures dropped on Thursday following Wednesday’s mixed close. Futures of major benchmark indices were lower.
Shares of Telos surged after the company reported better revenue trends than Wall Street had been expecting and said it had started repurchasing stock again. The stock was up 47% at $3.50 in early trading. Shares are back in positive territory year-to-date.