Dow Jones Futures Sees Boost

Dow Jones Futures Sees Boost

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AvaTrade have highlighted how the Dow Jones Futures have begun to soar again thanks to a stimulus package.

This comes in the wake of a big drop last week on the US markets which had caused many to be concerned about the future of the market.

However, since then, a monetary and fiscal policy have been announced that aims to help boost the markets once more. As such, this has spurred investors to get a sense of FOMO and snap up some good deals before the policy hits and inevitably causes market prices once more.

This has manifested itself by Dow Jones futures are trading higher by 450 points today as traders try to strike while the market price is low. As well as this, more promising signs can be seen on the S&P500 index.

As per AvaTrade,” The weekly chart confirmed that the S&P500 stocks are gaining power as the price moved back above the 50-Week SMA fairly rapidly and never dipped below its 100-Week SMA. In simple terms, the S&P500 stocks gave an early hint yesterday that the stock market rally is likely to fully recover.”

If you want to snap up the remaining bargains before its too late, go to AvaTrade now.

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