Dow Jones Futures Rally As Tesla Falls From Record High; Facebook Climbs On Earnings; AMD, Microsoft On Deck – Todayuknews

Dow Jones futures rallied 100 points early Tuesday, as Tesla (TSLA) stock fell from record highs. Facebook (FB) climbed on earnings, while AMD (AMD) and Microsoft earnings are due after the close.


Among the Dow Jones leaders, Apple (AAPL) rose 0.3% premarket Tuesday in today’s stock market, while American Express (AXP), Goldman Sachs (GS) and JPMorgan Chase (JPM) eyed new buy points.

Tesla dropped 1% premarket Tuesday, falling from Monday’s record highs.

Among companies reporting earnings, Facebook beat expectations late Monday, while Advanced Micro Devices and Microsoft (MSFT) will report after the close Tuesday.

Among the top stocks to buy and watch, Cleveland-Cliffs (CLF), Nvidia (NVDA) and Olaplex (OLPX) are in or near new buy zones.

Microsoft, Olaplex and Tesla are IBD Leaderboard stocks. Nvidia was featured in this week’s Stocks Near A Buy Zone story, while Cleveland-Cliffs was Friday’s IBD Stock Of The Day.

Dow Jones Futures Today

Ahead of the stock market open Tuesday, Dow Jones futures rose 0.3% vs. fair value, while S&P 500 futures rallied 0.4%. Nasdaq 100 futures gained 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.

Among exchange traded funds, Innovator IBD 50 (FFTY) hadn’t started trading yet premarket Tuesday. Nasdaq 100 tracker Invesco QQQ Trust (QQQ) gained 0.6%. And the SPDR S&P 500 ETF (SPY) ascended 0.4%.

Stock Market ETF Strategy And How To Invest

Stock Market Rally

The stock market rally strengthened Monday, as the Dow 30 and S&P 500 notched all-time highs, while the Nasdaq recovered from Friday’s moderate loss.

For daily stock market commentary, be sure to check out IBD’s The Big Picture.

On Monday, The Big Picture commented, “Monday’s gains proved to be a bullish response to Friday’s losses, which marked the first distribution day since the Oct. 14 market …….