Dow Jones Nears 50,000 - Will Stock Market Bulls Ever Be Defeated?
2026-05-02
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via All Articles on Seeking Alpha
Summary
- US stock markets are continuing their breakouts to ever-fresher highs, but short-term profit-taking seems to be ruining the party.
- The Dow Jones could retake 50,000 in today's session, barring no weekend-safety trading.
- Exploring Technical Levels for the Dow Jones, Nasdaq, and S&P 500.
Daniel Balakov/E+ via Getty Images
By Elior Manier
US stock markets have been on a rampage after this week's earnings, and this trend is pushing indexes to some new highs.
Yesterday saw the return of traditional assets demand, sweeping everything
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