Stocks cautious as market volatility drops sharply.
TL;DR Summary
The Dow Jones Industrial Average fell slightly on Monday, while PacWest soared after cutting its dividend. The consumer price index for April is out on Wednesday, and inflation data will be closely watched throughout May. The stock market rally remains under pressure, and exposure should still be limited to 20% to 40%. The best stocks to watch include Nike, Visa, Nvidia, Paccar, Lam Research, and HubSpot. Tesla stock rebounded from its recent lows, while Apple and Microsoft shares continue to perform well.
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