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business2 years ago•7 min saved

Tech Winners Rally as Dow Futures Rise, Tesla Cybertruck Gains Momentum

Dow Jones futures rose slightly after hours, with tech winners including Salesforce.com (CRM) and Nutanix (NTNX) reporting positive earnings. The stock market rally opened with solid gains but soon came off early highs, with the Nasdaq and S&P 500 closing slightly lower. Investors are keeping an eye on the upcoming Tesla Cybertruck event and the release of the PCE inflation report. Treasury bond yields continue to fall, and concerns about economic growth slowing may be propping up the market rally.

via Investor's Business Daily|

#business #cybertruck #dow-jones-futures

stock-market2 years ago•7 min saved

Salesforce Soars as Dow Futures Rise, Inflation Data Awaited

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose slightly overnight. Salesforce.com (CRM) saw a jump in stock price after reporting strong earnings. The stock market rally continued to gain momentum, with several software companies, including CrowdStrike (CRWD), Okta (OKTA), and Veeva Systems (VEEV), also reporting positive earnings. Additionally, Shopify (SHOP) rose after announcing a deeper integration with Amazon. Four major stocks, Tesla (TSLA), Amazon.com (AMZN), Meta Platforms (META), and Apple (AAPL), are trading near the 50-day line, potentially offering entry points. The release of the PCE inflation report and weekly jobless claims data are expected to impact Dow futures and Treasury yields.

via Investor's Business Daily|

#buying-opportunities #dow-jones-futures #pce-inflation-report