Dow Jones
NeutralArchived analysis from Aug 13, 2026, 8:21 PM
Key insight
53,800 acts as near-term pivot — hold above keeps path to 54,500 ATH zone open; PPI flat beats lift sentiment.
Flat at 53,832 as S&P 500 breaks 7,800 ATH — Dow lags tech rally; Fed hold expected year-end.
Main risk
US-Iran conflict / Strait of Hormuz
Hormuz deal stalls; oil spike above $85 would reignite inflation, pressure Fed hawks.
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