Dow Jones Technical Analysis: Back On the Rise

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Dow Jones Technical Analysis: Back On the Rise
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We expect more rise for the dowjones index during its upcoming trading: StockMarket stocks stocktrading

It gained about 139.92 points, and settled at the end of trading at the level of 34,818.28, after its decline in trading on Thursday by -1.56%. During the past week, the index declined by -0.12%, breaking a series of gains that continued for two consecutive weeks.20 of the index's 30 components were up, led by Verizon Communications Inc. by 2.32% and Visa Inc. by 2.07%, followed by Merck & Co. Inc. By 1.79%.

Hourly wages have risen sharply, pushing the increase in the past 12 months to 5.6%, the highest rate since the early 1980s. The Labor Department said employment in January and February combined was 95,000 higher than previously reported.

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