Why DJIA May Slip Back to 15,000

Why DJIA May Slip Back to 15,000

Most media and analyst forecasts call for the Dow Jones Industrial Average (DJIA) to remain at about 17,000, or for it to plow ahead toward 20,000. The June jobs reports was good enough to lift the market, and hope that a surge in corporate profits will press the market higher for the next two months increases by the day. However, there are four reasons the DJIA could quickly shed its gains and drop back to 15,000, where it traded as recently as last October.

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