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Dow Jones extends rebound to above technical resistance amid much conjecture on tariffs

The rebound in the Dow Jones now this evening is extending above a technical level that had capped it all week until now. The push higher as taken out the noted 200 day moving average, which is in place right now at 42,180. That is still rising and was in place as of the close last night at 42,162. The high seen so far has been set at 42,287 and it comes amid a plethora of news wires reports concerning the level of tariffs to be imposed later this evening, around 8pm GMT. There are many of these circulating around the markets so rather than spread false information Quick News is going to wait for the black and white on all that. Meantime, the US stock markets are in rebound mode right now, but of course it might be a different matter after the closing bell. The Dow Jones is right now close to session highs, currently trading at 42,277

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