Dow Jone ETFs at an All-Time High: Here's Why
DOWDow(DOW) ZACKS·2024-07-16 22:01

On Monday, U.S. stocks soared as news of an unsuccessful assassination attempt on presidential candidate Donald Trump bolstered investor confidence in his electoral prospects. SPDR Dow Jones Industrial Average ETF Trust (DIA) inched up 0.5%, closing above the historic 40,000 mark. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ) each saw gains of 0.3%, approaching record highs.Strong Bank Earnings Drive Market OptimismThe market rally was buoyed by robust second-quarter earnings reports from maj ...