Dow Jones futures rallied 200 points early Tuesday on strong corporate earnings results, with the first Bitcoin ETF set to debut. Tesla stock is approaching all-time highs, while tech titans Alphabet, AMD and Nvidia are in new buy areas.
On Monday, the Dow Jones Industrial Average moved down 0.1%. The S&P 500 rose 0.3%, while the Nasdaq led the way, rising 0.8% to end at session highs.
Among the Dow Jones leaders, Apple (AAPL) rallied 1.2% Monday, while Microsoft (MSFT) moved up 1% in today’s stock market. American Express (AXP), Goldman Sachs (GS) and JPMorgan Chase (JPM) eyed new buy points in the current rally.
Dow Jones stocks Johnson & Johnson (JNJ), Procter & Gamble (PG) and Travelers Companies (TRV) reported earnings Tuesday morning.
Tesla (TSLA) gained 3.2% Monday, extending a win streak to six sessions. The EV giant is approaching record highs.
Among the top stocks to buy and watch, Advanced Micro Devices (AMD), Alphabet (GOOGL), CrowdStrike (CRWD) and Nvidia (NVDA) are in or near new buy zones.
Advanced Micro Devices, Microsoft and Tesla are IBD Leaderboard stocks. AMD featured in this week’s Stocks Near A Buy Zone story. CrowdStrike was featured in last week’s IPO Leaders column. Nvidia is an IBD SwingTrader stock.
Dow Jones Futures Today: Bitcoin ETF To Debut
Ahead of the stock market open Tuesday, Dow Jones futures rose 0.45% vs. fair value, while S&P 500 futures moved up 0.5%. Nasdaq 100 futures rallied 0.4% 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
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