Wall Street closed deeply in the green on Tuesday 21 May 2019, as the US decided to allow Huawei Technologies to buy some U.S. products until August 19th in order to maintain its network and provide software updates to its customers. The Dow Jones jumped 197 points or 0.8%. The S&P 500 climbed 24 points or 0.9%. The Nasdaq 83 points or 1.1%. Historically, the Dow Jones Industrial Average reached an all time high of 26828.39 in October of 2018 and a record low of 41.20 in July of 1932.
The Dow Jones Industrial Average is expected to trade at 26244.61 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 25250.34 in 12 months time.