The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
Investors need to be cautious because the economy will get hurt the longer the trade war drags on, Jim Cramer says.Mad Money with Jim Cramerread more
It was a tough end to the second quarter for the Dow Jones industrial average.
The benchmark for U.S. stocks into negative territory for 2015 this week after fears of a disruption to the European economy from a so-called Grexit weighed on this group of multinational bellwethers.
But to analysts who study charts for a living, the more important milestone was the Dow's close Monday below it's 200-day moving average for the first time in 170 days.
The average price of a security over the last 200 days is considered a reliable confirmation of a long-term uptrend. When it's breached, there should be trouble ahead.
But one research firm—Bespoke Investment Group—ran the numbers and found this chart breakdown historically is actually a great "buy the dip" opportunity.
Here's why ... plus the Dow members that could bounce back the most.