Dow Jones on a nine-day losing streak, tech exposure limitations, uncertain outlook

From Nasdaq: 2024-12-19 13:00:00

The Dow Jones Industrial Average is on a nine-day losing streak, dropping roughly 3% to 43,499 from its record close of 45,014 on Dec. 4, 2024. The S&P 500 fell by 0.6%, while the Nasdaq Composite gained nearly 2% due to tech rally exposure. The Dow lacks tech stocks like Tesla and Alphabet, affecting its performance.

The Dow’s exposure to tech stocks limits its gains, especially with NVIDIA losing 3% in the past month. Health stocks like UnitedHealth have also declined, dragging the index down. The Dow’s focus on value stocks has underperformed growth stocks, impacting its overall performance in the market.

The outlook for the Dow Jones in 2025 is uncertain, with potential impacts from Trump’s policies on trade and inflation. The Fed may adjust its stance based on these factors, affecting the Dow’s performance. Investors should monitor key components like UNH and consider ETFs like DIA for a diversified approach to the market.



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