Dow Industrials Becomes Active for this Year
Posted: Tue Mar 22, 2016 2:58 pm
The Dow Jones Industrial Average became active for 2016, and U.S. crude oil increased above $40 per barrel, recovering after a severe beginning of 2016.
Earlier this year, investors expressed perplexity about slowing worldwide growth and the changes in interest rates in the last weeks as commodity prices became stable and the American economy showed good signs.
The Dow Industrials and S&P 500 are currently around their 2015 year-end level – they had decreased by more than 10% by February 11.
“You begin to take the recession risk off the table, you will see how the market reacts, and I believe that’s ... (read more)