The Motley Fool Previous Page

Will The Dow Finally Do Something Today?

Jeremy Bowman
August 16, 2012

With August now halfway over, investors have to be wondering if the Dow Jones Industrial Average (INDEX: ^DJI  ) will do anything at all this month. Since shooting up more than 200 points on a promising jobs report two weeks ago, the blue chips have not moved more than 0.4% in a single day, and volume has been especially low. Today, some economic data and several quarterly reports from the retail sector threaten to end that streak.

Dow futures were pointed slightly higher ahead of opening after Chinese Premier Wen Jiabao suggested that his country could further ease monetary policy. Asian markets were mixed overnight, while European indexes were flat in early trading.

Shares of Wal-Mart (NYSE: WMT