Dow Jones Holds Above Trendline Support, Testing All-Time High Resistance at 46,400
The Dow Jones Industrial Average gained ~0.4% to 46,315.27, setting a new record high as rate-cut hopes lifted sentiment. However, Dow futures slipped ~0.1% after hours, signaling investor caution ahead of key economic data and Fed commentary this week. Upcoming triggers include Fed Chair’s speeches, PMI data, and core PCE inflation, which could influence rate-cut expectations.
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