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Djia futures live live movement in DJIA futures shows
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Live movement in DJIA futures shows consolidation around the 38,000 mark as investors balance Fed rate hike concerns with solid corporate profitability. The market’s breadth remains healthy, suggesting pullbacks could attract buying interest. Bitcoin has rebounded off its weekly 50-day EMA, a historically significant support level during past uptrends. In previous cycles, this touchpoint often led to a consolidation phase lasting 6 to 9 weeks before resuming momentum. As a result, RH said it expects a $30 million hit to profits in the second half of the year. The company also lowered its full-year revenue growth outlook to 9% to 11% from 10% to 13% previously. Live DJIA futures momentum is fueled by easing credit market conditions. Market strategists warn of possible profit-taking if the index approaches psychological 38,200 barrier too quickly.