Prior to the official announcement of Saudi Arabia’s Aramco IPO, Market Makers quickly adjusted the Dow timeline to accommodate the start of Aramco stock trading on December 11, 2019. This adjustment shifted the Dow structure in a way that will provide stability in the markets until a final price for the float is announced on December 4, 2019. A small decline in the Dow is expected to start by November 12, 2019 and move down to the 26,200 range by December 10, 2019.
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