Friday, June 24, 2022
HomeBusinessMarketsDow Jones Futures Fall, Sell as Technology Futures Collapse 30% in Q2

Dow Jones Futures Fall, Sell as Technology Futures Collapse 30% in Q2

Dow Jones futures were lower, while technology futures were sold on Tuesday following Monday’s stock market recovery. Zoom Video (ZM) increased by more than 17% shortly after Better-than-expected first-quarter earnings results. Advanced Auto Parts (AAP) and heiko (higher education) also reported late. And blow up (BLAST) then 30% crashed warned of second-quarter revenue. will be below the lower limit of the guidance.


AAP shares fell nearly 2% in expanded trading. And Heico stock rose after reporting better-than-expected results.

Meanwhile, Auto Zone (AZO), best buy (BBY) and Ralph Lauren (RL) is among the companies reporting Tuesday morning.

Dow Jones Futures Today: Treasury Yields, Oil Prices

Ahead of Tuesday’s opening, Dow Jones futures fell 0.6% to fair value, while S&P 500 futures tumbled 0.95%. Nasdaq 100 futures sold at 1.5% at fair value. Remember that overnight action Dow futures and elsewhere it doesn’t necessarily turn into real trade on the next regular trade Exchange session, meeting, session.

The 10-year Treasury yield rose to 2.85% on Monday, ending a three-day streak. On Friday, the 10-year Treasury yield closed at its lowest level since April 26. Meanwhile, US oil prices rose less than 1% and West Texas Intermediate crude rose above $110 a barrel.

Stock Market Today: VMware Ripples

The Dow Jones Industrial Average rose 2% on Monday, while the S&P 500 rose 1.9%. The tech-heavy Nasdaq composite was up 1.6%. Between exchange-traded fundsNasdaq 100 tracker Invesco QQQ Trust (QQQ) rallied 1.7% and the SPDR S&P 500 ETF (SPY) rose 1.9%.

virtual machine software (virtual machine) rose nearly 25% on Monday following news reports Broadcom (AVGO) in It is in talks to buy the cloud service provider. By contrast, Broadcom shares tumbled more than 3%.

tesla (TSLA) stock gained 1.7% on Monday. Between Dow Jones leaders, Apple (AAPL) increased by 4% and Microsoft (MSFT) traded 3.2% higher today’s stock market.

As the stock market rally continues to struggle, Dow Jones leaders strip (CVX) and Merck (MRK) – with live (LTHM), Exxon Mobil (XOM), Eli Lilly (LLY), and world wrestling Fun (WWE) — Among IBD’s best stocks to watch on Tuesday.

Microsoft is a IBD Leaderboard Stock. Merck open IBD SwingTrader. Livet and World Wrestling Entertainment came to the fore these weeks Stocks Near a Buying Zone colon.

What to Do in the Zorlu Stock Market Rally?

Major equity indexes posted solid gains on Monday. Monday’s move was a step in the right direction after last week’s heavy selling, but not enough to return the market situation to a confirmed uptrend.

While the underlying uptrend remains intact, it’s time to defend and maintain a cautious stance after last week’s heavy selling. Be mindful of new purchases by focusing on stocks with the best fundamentals and price action. Sure, there are a few good setups among the leading stocks.

Monday The Big Picture The column said, “Volume in particular was significantly lower than Friday, down 17% on the Nasdaq. In the previous session, trading on stock and index options expiring the same day may have increased. Even then, slower activity was suggested by institutional investors too much for the market to recover. which they prevented from committing too much capital.”

If you’re new to IBD, consider taking a look. stock trading system and CAN SLIM basics. know graphic patterns is one of the keys to investment guidelines. IBD offers a wide range of products growth stock listsas Leaderboards and SwingTrader.

Investors can also create watch lists, find companies nearby. point of purchaseor develop custom screens IBD MarketSmith.

Five Dow Jones Stocks to Watch Now

Dow Jones Stocks to Watch: Chevron, Merck

Dow Jones leader and energy giant Chevron flat sole which is 174.86 point of purchaseaccording to this IBD MarketSmith chart analysis. CVX shares gained 2.3% Monday, placing them just below their most recent buy points.

CVX stock has a perfect 99 IBD Composite Grading, per IBD Stock Control. Investors can use the IBD Composite Rating to easily measure the quality of a stock’s fundamental and technical metrics.

Merck, a Dow Jones and pharmaceutical industry leader, is barely in the buying range of just over a price range yet. mug with handle 89.58 point of purchase, shares rose 0.3% on Monday. This 5% purchasing space It goes up to 94.06.

On the positive side, the stock relative power line It outperforms at new highs, during the current stock market correction.

The Four Best Growth Stocks to Watch on Curren Stock Rally

Stocks to Watch: Liven, Exxon, Eli Lilly, WWE

Lithium producer and Tesla supplier Livent is approaching an early date point of purchase Monday at 29.68, up 3.7%. IBD MarketSmith chart analysis. Livet stock, meanwhile, continues to rally to the right of one stock. cup base With a traditional entry at 33.14. take a look potential handle to offer a more risk-optimal introduction.

energy giant Exxon Mobil at the top of a buying range above mug with handle 89.90 point of purchaseIt rose 2.2% on Monday. Shares are at the top of the 5% buying area, which goes up to 94.40.

Pharma giant Eli Lilly was up 1.25% on Monday. shares IBD Leaderboard stocks are finding support around the 50-day moving average line and approaching the 314.10 buy point of a flat bottom. An early buy trigger at 309.54 is also in play.

World Wrestling Entertainment is one of the best stocks to watch after closing a striking distance from the 63.81 buy point of a flat bottom on Monday. WWE shares rose 1.3 percent on Monday. Extending the winning streak to five sessions.

Join the IBD experts as they analyze the leading stocks in the current stock market rally on IBD Live

Tesla Stock

Tesla stock rose 1.7% on Monday and rebounded just a fraction of Friday’s 6.4% drop, closing a three-day streak of losses. Shares are well below their 50- and 200-day moving averages.

The stock climbed as high as 1,243.49 on Nov. 4 and is more than 45% off its all-time high.

Dow Jones Leaders: Apple, Microsoft

Between Dow Jones stocksApple shares rose 4% on Monday. The stock settled well below its long-term 200-day line.

Software leader Microsoft gained 3.2% on Monday, but fell sharply below the 50- and 200-day lines. The stock closed more than 25% from its 52-week high.

Be sure to follow Scott Lehtonen on Twitter. @IBD_SLehtonen For more information on growth stocks and the Dow Jones Industrial Average.


Best Growth Stocks to Buy and Watch

Learn How to Time the Market with IBD’s ETF Market Strategy

Find the Best Long-Term Investments with IBD Long-Term Leaders

MarketSmith: Research, Charts, Data and Coaching All in One

How to Research Growth Stocks: Why This IBD Tool Makes Searching for the Best Stocks Simple

Do NOT follow this link or you will be banned from the site!