Dow Jones30 Hits Record High- U.S. Stocks Continue Bullish Momentum
Jan, 08th 14:04
Dow Jones 30 is set to continue leading the bullish trend in global stocks on Monday. U.S. futures pointed to a slightly higher opening. All three U.S. major benchmarks hit new record highs last week and both the Dow and the Nasdaq Composite registered their best start of the year since 2006.
Investors are looking ahead to the week as earnings season starts this week, with financial giants Blackrock Inc, JPMorgan and Wells Fargo expected to release their financial results on Friday.
On the technical charts, Dow Jones30 continues to remain in an uptrend. The RSI is at 80.74. The MACD has made a positive crossover above the signal line.
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