Tech Stocks Maintain Winning Streak, Presenting Buying Opportunities

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Source: Investor's Business Daily
Tech Stocks Maintain Winning Streak, Presenting Buying Opportunities
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures were steady overnight, with the stock market rally continuing its winning streak. The software sector performed well, with stocks like Datadog, MongoDB, and Dynatrace clearing early entries. Adobe and ServiceNow also moved above official buy points. However, market breadth was lackluster, with energy stocks tumbling. Tesla rivals Rivian and Lucid reported after hours, with staffing firm Upwork among the big winners. Overall, the stock market rally remains strong, but a market pause or pullback may be on the horizon. Investors should focus on building their watchlists and staying in sync with market direction and leading stocks and sectors.

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