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78% of retail investor accounts lose money when trading CFDs with this provider.

The Dow Jones loses optimism

The Dow Jones rose by nearly 3% over the past week.

As a result, it managed to rise above 32,000 for the first time since 13 September. What's more, the September data for the US Personal Consumption Expenditures Price Index showed a 0.6% increase, which was higher than expected. Since this index is an important indicator for the Federal Reserve, it plays in the dollar's favour. The Dow Jones, on the other hand, could start moving downward.

Dow Jones

Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.

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