Dow Jones futures were lower early Tuesday, while S&P 500 futures and Nasdaq 100 futures were higher ahead of the market open. Tesla stock regained a buy point following an analyst upgrade, while AMC stock surged as much as 10% on earnings after the close.
On Monday, the Dow Jones Industrial Average declined 0.3%, while the S&P 500 fell 0.1%. The Nasdaq rallied 0.2%.
Among the Dow Jones leaders, Apple (AAPL) lost less than 0.1% Monday, while Microsoft (MSFT) moved down 0.4% in today’s stock market. Home Depot (HD) is trying to break out above a new buy point, but remains below the entry after two straight days of losses.
Tesla (TSLA) climbed 2.1% following an analyst upgrade ahead of the market open. Tesla stock regained a recent buy point. After the close Monday, AMC Entertainment (AMC) reported better-than-expected earnings. AMC stock jumped as much as 10% in extended trade.
Among the top stocks to buy and watch, MercadoLibre (MELI), Snap (SNAP), Square (SQ) and Wells Fargo (WFC) are in or near new buy zones.
Apple was Monday’s IBD Stock Of The Day. MercadoLibre, Microsoft and Tesla are IBD Leaderboard stocks. Square is an IBD SwingTrader stock. Snap and Wells Fargo were featured in this week’s Stocks Near A Buy Zone column.
Dow Jones Futures Today
Ahead of the stock market open Tuesday, Dow Jones futures moved down less than 0.1% vs. fair value, while S&P 500 futures inched higher. Nasdaq 100 futures gained 0.1% vs. fair value. Remember that trading in Dow Jones futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.
U.S. Stock Market Today Overview