The Dow Jones Industrial Average (DJIA) fell by around 300 points on Tuesday, hovering near the 44,000 level. This marks a brief pause in the post-election rally that propelled the index to record highs last week, spurred by optimism following Donald Trump’s apparent election victory.
The DJIA has surged over 18% in 2024, including a 5.5% gain in November alone, positioning it for its best month since November 2023. Investors are now cautious, assessing whether equities have entered overbought territory.
Attention is turning to Wednesday’s US Consumer Price Index (CPI) inflation data, which could provide fresh momentum for markets.
https://www.fxstreet.com/news/dow-jones-industrial-average-trims-gains-on-tuesday-202411121701


