Dow Jones Forecast: DJIA Steady After Hitting a Record Closing High

The Dow Jones closed at a record high of 52,300 on Monday, driven by a near 5% rally in Alphabet's first trading session as a Dow component. U.S. futures point to a muted open on the final trading day of the month and quarter. Markets are pricing in a 60% probability of a 25-basis-point Fed rate hike in September. Oil prices fell 20% in June amid U.S.-Iran talks, while the dollar remains firm on expectations of further Fed tightening.