The US Federal Reserve (the Fed) voted unanimously to raise benchmark interest rates by 25 points at its concluding monetary-policy meeting in 2018 on December 18-19.
Dow Jones Industrial Average
The three major indices in the United States are generally characterised as the S&P 500, the Dow Jones Industrial Average (DJIA) and tech index NASDAQ.
Volatility has made its return to the United States’ stock market, albeit not the way bullish investors would like. A recent decline in the US equities market erased the gains of many weeks in a matter of days in both the Dow Jones Industrial Average and the S&P 500 indices.
The Dow Jones Industrial Average (DJIA), one of the world’s oldest and most popular indices, was created by the founder of The Wall Street Journal and co-founder of Dow Jones & Company, Charles Dow.