Dow holds below 50-day MA, as is 19 of its 30 components

The Dow Jones Industrial Average DJIA, +1.79% soared 435 points, or 1.8%, but remained below a key technical levels to suggest the short-term trend was still down. The Dow was still about 352 points below its 50-day moving average, which current extends to about 24,765.60. Among the Dow's 30 components, 19 were below their 50-day MAs, with General Electric Co.'s stock GE, +1.71% the furthest below it at 8.8%. The next further below the 50-day MA was Walmart Inc. shares WMT, +0.20% which were 6.9% below it. Of the nine stocks above the line, the furthest above was Intel Corp. INTC, +3.47% which was 5.5% above.