The Dow Jones hit its highest price in late February in more than three months but has generally been dipping since then, with concerns over economic growth weighing on the market. Those concerns were exacerbated by the weakness of last Friday’s nonfarm payrolls, but with January’s jobs data showing extreme strength, the volatility in the payrolls offers no clear gauge of the recent strength of the economy. In this context, other key US economic reports set for release this week appear to take on an added importance and in this video, we look ahead to a selection of these, including the latest US inflation and housing data. We also explore how the Dow Jones has been performing by looking at a variety of charting time frames.
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Ayyy
was the recent massive dip due to weak payroll report??