dow jones will underperform soon, probably

Dow down to 33,971 as the trading session gets underway

In contrast, positive data for the Dow reported earlier when United States Initial Jobless Claims came out at 547,000, above the estimate of 617,000. This is also a step forward from the previous data of 586,000. United States Crude Oil Inventories came out at 594,000, above the estimate of -2.98 million. This is also a step forward from the previous data of -5.89 million.

In the meantime, negative performances are also seen in other symbols, Dow Inc is trading around $61.75 (down $3.07).

Positive performance, however, can be seen looking at other symbols, as the Nikkei added 2.38% to its value, now trading at 29,200. The market will be looking forward to upcoming data for United States New Home Sales, projected to outperform last figure with 886,000, while it previously stood at 775,000, Data will be released tomorrow at 2:00 PM.

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