Dow Jones Futures: Is Stock Market Pullback Over? Nio Tumbles, Zoom Soars On Earnings – Investor’s Business Daily
Dow Jones futures, Collectively with S&P 500 futures and Nasdaq 100 futures, have been decrease Tuesday Adjust toing Monday’s inventory market surge. Tesla rebounded Monday, whereas Zoom inventory soared on earnings. Nio earnings missed estimates, sparking A sharp fall.
On Monday, the tech-heavy Nasdaq composite jumped 3%, its biggest day since Nov. 4. The S&P 500 moved up 2.4%, whereas the Dow Jones Industrial Common commerced up 1.95%.
Amongst The numerous Dow Jones chiefs, Apple (AAPL) superior 5.4% Monday, whereas Microsoft (MSFT) rallied almost 2% in today’s inventory market. Visa (V) is in buy differ above A mannequin new buy level.
Tesla (TSLA) raced Greater than 6% extremeer Monday, snapping a two-day slide.
After the inventory market shut Monday, Zoom Video (ZM) reported strong quarterly earnings end outcomes. Zoom inventory surged 10% in prolonged commerce. Meanwhereas, Chinese language EV chief Nio (NIO) missed earnings estimates late Monday.
Amongst The numerous prime inventorys To watch, RH (RH) and Goal (TGT) are approaching new buy levels amid The current inventory market pullagain.
Microsoft, Goal and Tesla are IBD Leaderboard inventorys. RH was Friday’s IBD Stock Of The Day.
Dow Jones Futures Right now
Forward of the inventory market open Tuesday, Dow Jones futures inched decrease, whereas S&P 500 futures misplaced 0.1% vs. truthful worth. Nasdaq 100 futures dropped 0.1% vs. truthful worth. Maintain in thoughts that buying and promoting in Dow Jones futures and elsewhere Does not primarily translate into exact buying and promoting Inside The subsequent common inventory market session.
U.S. Stock Market Right now Overview