Dow Jones

Key insight

51,249 consolidates just below the 51,500 round-number resistance. Breakout above 51,500 opens the 52,000 target; failure below 50,800 (50-day MA) flips bias to cautious.

51,249 holds above the 50-day MA (~50,800) as Dow leads US majors with a +0.07% gain. Blue-chip defensives anchor the index while S&P and Nasdaq flatline, signalling rotation into value.

Main risk

10-Year Treasury Yield Spike

Yield surge above 4.80% historically reprices Dow dividend stocks lower; watch for move that drags price back through 50-day MA at 50,800.