Dow Jones Under Pressure: Tariff Troubles and 42,800 Resistance in Focus | 30 May 2025

The Dow Jones Industrial Average (DJIA) is poised for a potential pullback tonight as fresh tariff reinstatement news and critical technical resistance levels weigh heavily on market sentiment.

 Market Update: Tariff Uncertainty Resurfaces

A federal appeals court has reinstated most of former President Trump’s tariffs, sending shockwaves through global financial markets. This legal move threatens to destabilise recent market gains and reintroduces significant uncertainty for investors worldwide.

For full coverage, read on Reuters and Investopedia.

Technical Warning: The Importance of 42,800 Resistance

The 42,800 level on the DJIA has emerged as a significant resistance. Multiple attempts to breach this level have failed, raising the probability of a correction. A breakdown could drag the index towards key support levels near 42,000 and possibly 41,500.

Technical analysts are closely watching this zone, as a failure to cross it might ignite a short-term sell-off. Market participants should stay cautious, especially in overnight trades.

 Key Takeaways:

• Tariffs reinstated, market volatility rises
• 42,800 remains the crucial resistance level
•  The risk of a short-term correction is increasing

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 Conclusion

The Dow Jones rally is under pressure from renewed trade war fears and critical resistance. Investors should exercise extra caution heading into tonight’s U.S. session and closely monitor key levels. Stay updated, trade smart.

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