U.S. shares higher at the close of trade; Dow Jones Industrial Average up 0.64%
U.S. equities were higher at the close on Thursday, as gains in the Oil & Gas, Telecoms and Technology sectors propelled shares higher.
At the close in NYSE, the Dow Jones Industrial Average gained 0.64% to hit a new 1-month high.
The biggest gainers of the session on the Dow Jones Industrial Average were Walt Disney Company (NYSE: DIS), which rose 3.61% or 3.48 points to trade at 99.81 at the close. Salesforce Inc (NYSE: CRM) added 3.24% or 4.70 points to end at 149.60 and Boeing Co (NYSE:BA) was up 3.02% or 6.29 points to 214.32 in late trade.
Biggest losers included Coca-Cola Co (NYSE: KO), which lost 1.29% or 0.80 points to trade at 61.21 in late trade. Walgreens Boots Alliance Inc (NASDAQ: WBA) declined 1.24% or 0.46 points to end at 36.66 and Walmart Inc (NYSE: WMT) Shed 0.90% or 1.32 points to 144.81.
Advancing stocks outnumbered falling ones by 2364 to 722 and 95 ended unchanged; on the Nasdaq Stock Exchange, 2629 rose and 1064 declined, while 185 ended unchanged on the New York Stock Exchange.
DOW JONES TECHNICAL ANALYSIS
DAILY CHART:
Dow Jones is currently trading in up channel.
Dow Jones is currently trading above all SMA
RSI is in buying zone which suggests bullishness and Stochastic is suggesting up trend.
Dow Jones immediate resistance is at 34360 & its immediate support level is 34118
HOW TO TRADE DOW JONES IN THIS WEEK
Dow Jones is trading in up channel; it will continue to trade upside until any trend reversal so, remain bullish on it.
