Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were higher early Tuesday. The tech-heavy Nasdaq reclaimed a key level in the current stock market rally, as Bitcoin surged. Tesla stock regained a critical long-term level Monday. Hot IPO stocks Roblox and UiPath surged past new buy points.
The tech-heavy Nasdaq composite closed up 1.4%. The S&P 500 rallied 1%, while the Dow Jones Industrial Average climbed 0.5%.
Among the Dow Jones leaders, Apple (AAPL) advanced 1.3% Monday, while Microsoft (MSFT) moved up 2.3% in today’s stock market. Goldman Sachs (GS) and JPMorgan (JPM) are in buy zones.
Tesla (TSLA) rebounded 4.4% Monday, retaking its long-term 200-day moving average line.
Among the top stocks to buy and watch, Applied Materials (AMAT), Commvault (CVLT), Roblox (RBLX) and UiPath (PATH) are in or near buy zones.
Microsoft and Roblox are IBD Leaderboard stocks. Applied Materials is an IBD SwingTrader stock. UiPath was 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 rallied 0.3% vs. fair value, while S&P 500 futures gained 0.35%. Nasdaq 100 futures rose 0.6% 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.