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Dow on Pace for Best June Return in 80 Years

Only 7 Days Left to Claim your EOFY Offers 23 Jun 2019 9:52 AM

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A)   USA Market Update

The Dow Jones Industrial Average rose 353 points (+1.4%) on Tuesday 18th June 2019.


 

Marketwatch reported the Dow is now  “ ..in position to ring up its best June gain of nearly 7% since 1938, when the blue-chip benchmark surged an eye-popping 24.3% on the month, according to Dow Jones Market Data.

 

The S&P 500 index (+0.97%) is on track for its best June return, with a gain of about 6%, since 1955 when the broad-market benchmark rose 8.2% while the Nasdaq Composite Index (+1.39%) was on track for a 6.8% return, which would represent its best June since a 16.6% gain back in 2000. “


 


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Jim Berg and John Atkinson are Authorised Representatives (AR Nos. 322724 and 1251439) and ShareTradingEducation™.com Pty Ltd (“STE”) is a Corporate Authorised Representative (CAR No. 322726) of Maven Capital Pty Ltd, Australian Financial Services Licence AFSL 418504. Examples from the Australian and USA markets are provided to demonstrate that Jim Berg’s principles may be used globally. This educational material is from an Australian source and complies with Australian law and not necessarily any other (local) law. Direct investing in the stock market can result in financial loss. STE products have been prepared for the general information of investors and do not take into account the investment objectives, financial situation and particular needs of any particular person. Persons intending to act on information in STE's products should seek professional advice to confirm that the investments or strategies mentioned are appropriate in the light of their particular investment needs, objectives and financial circumstances prior to taking any action. Refer also to the full Customer Caution Notice in our Terms and Conditions.