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Dow Jones kicks off the New Year in the green
Well, it was hardly a surprise, but the Dow Jones has just stepped into 2025 on the front foot. The index closed on December 31, at 42,544. It officially reopened today at 42,660, but as usual that was just a book entry price and the effective opening was quite a bit higher than that. The index has pushed up to 42,888 so far and very shortly (at 2.45pm GMT) we get the final revision to the December manufacturing PMI report (expected unchanged at 48.3) and that could have an impact on the price action, as indeed it could on the dollar, but only if the outcome is other than expected. The Dow Jones is currently just now falling back from the initial highs, currently trading at 42,735, as the Nasdaq 100 and S+P 500 now trade towards flat on the day
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