Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were mixed early Tuesday, as U.S. regulators called for a pause on the use of the Johnson & Johnson coronavirus vaccine. Tesla stock jumped on an analyst upgrade Monday, while tech giants Nvidia, Square, Uber and Twitter are approaching new buy points.
On Monday, the tech-heavy Nasdaq composite fell 0.4%. The S&P 500 moved down less than 0.1%, while the Dow Jones Industrial Average traded down 0.2%.
Among the Dow Jones leaders, Apple (AAPL) declined 1.3% Monday, while Microsoft (MSFT) edged higher in today’s stock market. Boeing (BA) is back in buy range following last week’s losses.
Tesla (TSLA) jumped 3.7% Monday, rebounding from Friday’s 1% fall.
Among the top stocks to buy and watch, IPO leader Roblox (RBLX) broke past an early buy point Monday, while Nvidia (NVDA), Square (SQ), Twitter (TWTR) and Uber Technologies (UBER) are approaching new entries.
Boeing and Microsoft are IBD Leaderboard stocks, while Uber is an IBD SwingTrader stock. Roblox and Square were featured in this week’s Stocks Near A Buy Zone column.
Dow Jones Futures Today: Covid Vaccine
Ahead of the stock market open Tuesday, Dow Jones futures turned down 0.3%, while S&P 500 futures were down 0.2% vs. fair value. Nasdaq 100 futures traded up less than 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.
In a series of tweets early Tuesday, the Food and Drug Administration and the Centers for Disease Control recommended a pause in the use of the Johnson & Johnson single-dose vaccine “out of an abundance of caution.”
Six vaccine recipients in the United States developed a rare disorder involving blood clots within about two weeks of vaccination. All six recipients were women between the ages of 18 and 48. One woman died and a second woman has been hospitalized in critical condition, the officials said. The New York Times first reported …….