The Dow Jones Industrial Average (DJIA) is taking off today as investors react to the latest economic data and earnings reports. That includes December Consumer Price Index (CPI) inflation data coming in cooler than expected. Investors are excited as this could help sway the Federal Reserve’s plans to reduce interest rate cuts in 2025.
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Another positive effect on the Dow Jones today comes from the financial sector. Several major companies have reported Q4 earnings today. It’s safe to say it was a successful quarter for them as many beat earnings per share and revenue estimates for the period.
With all this news comes a 1.35% increase for the SPX today. That’s wonderful for traders who have dealt with recent negative momentum from the index. The index suffered significant losses following warnings of slowing interest rate cuts after the December Federal Reserve meeting.
Which Stocks Are Boosting the DJIA Index Today?
Turning to the TipRanks DJIA heatmap tool, investors will see which stocks affected the index most today. As mentioned above, the financial sector is performing well with stocks in this market showing the largest gains today. Tech stocks are also largely in the green and helped extend the gains of the Dow Jones on Wednesday.
How to Invest in the Dow Jones
Investors can’t take a direct stake in the Dow Jones as it’s only an index. Instead, they’ll want to consider buying shares of stocks listed on it. Financial and tech stocks are solid options with expectations for strong performances in 2025.
Traders might also consider buying stakes in an exchange-traded fund (ETF) that tracks the Dow Jones. This lets them bet on or against the index. One popular option is the SPDR Dow Jones Industrial Average ETF Trust (DIA) but there are loads of others worth a look.
