Wall Street edged higher on Friday 24 2019, as investors’ nerves eased on US President Donald Trump prediction that ongoing trade disputes will end soon. The Dow Jones posted its longest streak of weekly losses since 2011, despite climbing on Friday 95 points or 0.4%. The S&P 500 gained 4 points or 0.1%. The Nasdaq inched up 9 points or 0.1%. Historically, the Dow Jones Industrial Average reached an all time high of 26828.39 in October of 2018 and a record low of 41.20 in July of 1932.
The Dow Jones Industrial Average is expected to trade at 26244.61 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 25250.34 in 12 months time.