The Dow Jones Industrial Average rebounded by 1.1% following stronger-than-expected GDP growth of 3.1% and a drop in jobless claims to 220,000. However, Micron Technology's stock plummeted over 16% due to a disappointing outlook, while Nvidia attempted a recovery after a five-session decline. Other notable market movements included Darden Restaurants surging 14% and Lennar falling 4%.
Shares dipped slightly on Wednesday morning, with Nvidia rebounding 2.5% in premarket trading after a four-day losing streak. The Dow Jones Industrial Average rose 0.3% ahead of a Federal Reserve interest rate decision, while notable stocks like Amazon and Apple reached new highs. IBM and BlackRock are nearing key buy points, while Tesla faced a decline after recent gains.
Shares dipped 0.7% early Tuesday, with Nvidia and Tesla making headlines. Nvidia fell 1.8% in premarket trading after hitting a sell signal, while Tesla surged 2.6% following an upgrade from Mizuho, reaching new highs.The Dow Jones futures dropped 0.5% as retail sales exceeded expectations, and the Federal Reserve's policy meeting began, with a high probability of a rate cut. Notable stocks to watch include BlackRock, IBM, and Manhattan Associates, with IBM nearing a buy point.
The stock market rally continues, with the Nasdaq reaching a record high and the S&P 500 close to its peak. IBD maintains an exposure level of 80%-100%, emphasizing risk management. Nvidia triggered a sell signal after a 1.7% drop, while other tech giants like Alphabet and Amazon hit new highs. Upcoming economic data and earnings reports from major companies are anticipated this week.
The Dow Jones Industrial Average rose 0.1% as markets anticipated a Federal Reserve meeting, while Super Micro Computer plummeted 10% after being removed from the Nasdaq 100. Notable stocks included Palantir, MicroStrategy, and Axon, with earnings reports from Darden, Nike, and FedEx expected this week.
The Dow Jones Industrial Average and major indexes rose in premarket trading, buoyed by Broadcom's strong earnings, which propelled its stock up 17%. Nvidia and Tesla also saw gains, with Nvidia rebounding from losses and Tesla aiming to recover from a recent reversal. Trip.com shares surged 8.7% after breaking past a buy point, while BlackRock and Manhattan Associates approached their respective buy points, indicating potential investment opportunities in the current market.
The Dow Jones Industrial Average and major indexes reacted to unexpected inflation data, with the Dow inching higher while the S&P 500 and Nasdaq fell. Adobe's stock plummeted 11% after a disappointing sales outlook, while Tesla and Nvidia also faced declines after recent highs. The producer price index rose 0.4% in November, exceeding expectations, and first-time jobless claims unexpectedly increased to 242,000.
The Dow Jones Industrial Average fell 0.4% as investors awaited key inflation data, while Nvidia rallied 1.6% after a previous drop, hovering near a critical support level. Oracle's shares plunged 9% following disappointing earnings, and Tesla gained 3%, extending its win streak. Key inflation reports are set for release this week, influencing market sentiment.
Dow Jones futures, along with S&P 500 and Nasdaq 100 futures, dipped ahead of Tuesday's market open, influenced by Oracle's over 6% drop after missing earnings estimates. AppLovin fell nearly 15% after not being added to the S&P 500, while Cava and MicroStrategy also saw significant declines. Key inflation reports are anticipated this week, alongside earnings from Adobe and Costco.
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