Dow ETF Surges on Index's Best Day This Year: 5 Top Stocks
DOWDow(DOW) ZACKS·2024-07-18 00:21

The Dow Jones Industrial Average, which missed the rally this year, has finally started to catch up as investors are flocking to the undervalued segments of the market amid growing expectations of a Fed rate cut this year. The blue-chip index hit a new all-time high, notching its best one-day gain since June 2023, after reclaiming the 40,000 milestone for the first time since May. In fact, the Dow Jones has gained more than 4% over the past week (read: Dow Reclaims 40,000 Mark, Surpasses Major Indices: ETFs ...