Dow Jones DJIA Fails at Resistance Ahead of US Retail Data As Tech Lifts Nasdaq
On a calm trading day, the Dow Jones continued its two-day downward march as tech titans helped the Nasdaq, indicating divergence in the...
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Last updated: Wednesday, June 4, 2025
Quick overview
- Markets experienced divergence with the Nasdaq rising due to tech gains while the Dow Jones fell for a second consecutive day.
- The Nasdaq Composite closed at 19,104.51, up 0.50%, driven by strong performances from semiconductor and AI-related stocks.
- In contrast, the Dow Jones Industrial Average closed at 42,019.01, down 0.29%, reflecting pressure on blue-chip stocks and small-cap indices.
- Traders are anticipating upcoming retail sales data, which may influence market direction amid mixed investor sentiment.
On a calm trading day, the Dow Jones continued its two-day downward march as tech titans helped the Nasdaq, indicating divergence in the markets.
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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