Wall Street closed in the red on Friday 19 July, as US President Donald Trump called the Fed to end tight monetary policy, as trade tensions with China persist. The S&P 500 and Nasdaq posted their worst week since May, falling 0.6% and 0.7%, respectively. The Dow Jones lost 69 points or 0.3%. Historically, the Dow Jones Industrial Average reached an all time high of 27359.16 in July of 2019 and a record low of 41.20 in July of 1932.
The Dow Jones Industrial Average is expected to trade at 26254.16 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 25243.36 in 12 months time.