Dow Reclaims 40,000 Mark, Surpasses Major Indices: ETFs to Tap
DOWDow(DOW) ZACKS·2024-07-15 23:29

The Dow Jones Industrial Average has finally started to catch up with the rally of 2024 on growing expectations of Fed rates cut this year. It reclaimed the 40,000 milestone for the first time since May, outperforming the other two major indices last week. The blue-chip index gained 1.6% compared with 0.9% and 0.2% increase of the S&P 500 and Nasdaq Composite Index, respectively.Investors seeking to participate in the Dow Jones rally can consider SPDR Dow Jones Industrial Average ETF (DIA) , iShares Dow Jon ...