Dow Jones futures are set to open on Sunday evening, along with S&P 500 futures and Nasdaq futures, as the stock market rally experienced a retreat last week. While the selling has been orderly for the Nasdaq and S&P 500, other measures such as the Dow Jones and Russell 2000 showed more damage. However, certain stocks like Nvidia, Apple, and Meta Platforms held their ground or even marched higher. Tesla, on the other hand, retreated modestly after significant recent gains.
Several stocks, including MongoDB, HubSpot, Chipotle Mexican Grill, Shockwave Medical, and DexCom, are holding up well and trading near buy points. DexCom recently raised its fiscal 2025 revenue guidance at its investor day.
Investors are advised to closely watch leading stocks during this market pullback to see which names hold up the best. While some stocks may find support or rebound from key levels on a given day, it’s important to monitor their performance over time.
Nvidia continues to show its market leadership as investors see it as the real chip and AI leader. However, other stocks like Advanced Micro Devices and C3.ai broke hard below their 21-day lines.
Apple stock quietly set a fresh record high, while Meta Platforms reached a 16-month best.
Tesla, Nvidia, MongoDB, Meta Platforms, and HubSpot stock are on IBD Leaderboard, with Chipotle stock on the Leaderboard watchlist. Tesla stock and HubSpot are on the IBD 50, while Tesla, Chipotle, HubSpot, and MongoDB stock are on the IBD Big Cap 20.
In other news, the Russia insurrection appears to be over, with Yevgeny Prigozhin stating that his Wagner forces are turning back amid a deal with Russian President Vladimir Putin. Prigozhin will be leaving for Belarus. Putin had ordered the military to crush the armed mutiny after Wagner seized the major southern Russian city of Rostov and raced toward Moscow.
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, will open at 6 p.m. ET on Sunday. However, it’s important to note that overnight action in futures doesn’t necessarily translate into actual trading in the next regular stock market session.
The stock market rally experienced a pullback last week, with the Dow Jones Industrial Average slumping 1.7% and the S&P 500 and Nasdaq composite falling 1.4%. The small-cap Russell 2000 tumbled 2.95%. The 10-year Treasury yield fell 3 basis points to 3.74%.
In terms of ETFs, growth ETFs like the Innovator IBD 50 ETF and the Innovator IBD Breakout Opportunities ETF fell last week, while the iShares Expanded Tech-Software Sector ETF and the VanEck Vectors Semiconductor ETF gave up significant percentages. Reflecting more speculative story stocks, ARK Innovation ETF and ARK Genomics ETF retreated following seven weeks of gains. The SPDR S&P Metals & Mining ETF and the Global X U.S. Infrastructure Development ETF also fell, while the U.S. Global Jets ETF descended after three big weekly gains.
Several stocks, including MongoDB, HubSpot, Chipotle, Shockwave, and DexCom, are near buy points and have shown positive technical action. DexCom recently raised its fiscal 2025 revenue guidance.
Nvidia stock fell slightly last week but remains near its record high. AMD stock and C3.ai stock broke below their 21-day lines. Tesla stock fell after reaching a nine-month high and receiving several analyst downgrades.
Apple stock and Meta stock continued to find support from their fast-rising 10-day lines, with Apple hitting a fresh record high and Meta reaching a 16-month best.
Overall, the stock market rally experienced a retreat last week, but it has been an orderly pullback for the Nasdaq and S&P 500. The Dow Jones and Russell 2000 showed more damage. Investors are advised to monitor leading stocks closely during this market pullback and pay attention to their performance over time.t its 50-day moving average. The S&P 500 also pulled back but found support at its 10-day line.
Leading stocks like Nvidia, Apple, and Meta Platforms held up well during the pullback, with Nvidia showing its market leadership as the real chip and AI leader. However, other stocks like Advanced Micro Devices and C3.ai broke below their 21-day lines.
In terms of individual stocks, MongoDB, HubSpot, Chipotle Mexican Grill, Shockwave Medical, and DexCom are holding up well and trading near buy points. DexCom raised its fiscal 2025 revenue guidance at its investor day, which could have a positive impact on the stock.
Overall, this pullback in the stock market rally is a time to closely watch leading stocks and see which names hold up the best. It’s important to remember that a stock may find support or rebound from a key level on a given day, but then reverse lower.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, will open on Sunday evening. It’s important to note that overnight action in futures doesn’t necessarily translate into actual trading in the next regular stock market session.
The stock market rally saw a retreat last week, with the Dow Jones Industrial Average slumping 1.7%, the S&P 500 falling 1.4%, and the Nasdaq composite declining 1.4%. The small-cap Russell 2000 tumbled 2.95%.
In terms of ETFs, growth ETFs like the Innovator IBD 50 ETF and the Innovator IBD Breakout Opportunities ETF fell, while the iShares Expanded Tech-Software Sector ETF and the VanEck Vectors Semiconductor ETF gave up ground. Reflecting more speculative story stocks, ARK Innovation ETF and ARK Genomics ETF retreated after several weeks of gains.
In other news, the Russia insurrection appears to be over, with Yevgeny Prigozhin announcing that his Wagner forces are turning back amid a deal with Russian President Vladimir Putin. This development could have an impact on Russia’s Ukraine war, as Ukrainian forces are currently in the midst of an offensive to reclaim seized territory.
Overall, it will be important to closely monitor the stock market and leading stocks during this pullback to gauge the market’s direction in the coming weeks.
How did the Dow Jones futures, S&P 500 futures, and Nasdaq futures perform on Sunday evening following last week’s stock market retreat?
Dow Jones futures, S&P 500 futures, and Nasdaq futures are set to open on Sunday evening, signaling a continuation of the stock market retreat from last week. While the Nasdaq and S&P 500 saw orderly selling, the Dow Jones and Russell 2000 faced more significant damage. Nevertheless, certain stocks like Nvidia, Apple, and Meta Platforms managed to hold their ground or even rise. Tesla, on the other hand, experienced a modest retreat after recent gains.
Several stocks, including MongoDB, HubSpot, Chipotle Mexican Grill, Shockwave Medical, and DexCom, remain resilient and are trading near buy points. DexCom recently raised its revenue guidance for fiscal 2025.
Investors are advised to closely monitor leading stocks during this market pullback to identify the ones that perform the best. While some stocks may find support or bounce back from key levels on a given day, it’s crucial to observe their performance over time.
Nvidia continues to demonstrate its market leadership as the preferred chip and AI leader for investors. However, other stocks like Advanced Micro Devices and C3.ai have broken below their 21-day moving averages.
Apple stock quietly reached a new record high, while Meta Platforms achieved its highest point in 16 months.
Tesla, Nvidia, MongoDB, Meta Platforms, and HubSpot stock are part of the IBD Leaderboard, with Chipotle stock on the Leaderboard watchlist. Tesla stock and HubSpot are included in the IBD 50, while Tesla, Chipotle, HubSpot, and MongoDB stock are part of the IBD Big Cap 20.
In other news, the Russia insurrection seems to have ended, with Yevgeny Prigozhin stating that his Wagner forces are retreating under a deal with Russian President Vladimir Putin. Prigozhin will be leaving for Belarus. Putin had ordered the military to suppress the armed mutiny after Wagner seized the major southern Russian city of Rostov and headed towards Moscow.
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, will begin trading at 6 p.m. ET on Sunday. However, it’s important to note that the overnight activity in futures does not necessarily translate into actual trading during the next regular stock market session.
Last week, the stock market rally experienced a pullback, with the Dow Jones Industrial Average declining 1.7%, and the S&P 500 and Nasdaq composite falling 1.4%. The small-cap Russell 2000 saw a larger drop of 2.95%. The 10-year Treasury yield also fell by 3 basis points to 3.74%.
In terms of ETFs, growth ETFs like the Innovator IBD 50 ETF and the Innovator IBD Breakout Opportunities ETF saw declines, while the iShares Expanded Tech-Software Sector ETF and the VanEck Vectors Semiconductor ETF experienced significant losses. The ARK Innovation ETF and ARK Genomics ETF, which focus on more speculative story stocks, retreated after seven weeks of gains. Other ETFs like the SPDR S&P Metals & Mining ETF, the Global X U.S. Infrastructure Development ETF, and the U.S. Global Jets ETF also saw declines after previous weeks of gains.
Several stocks, including MongoDB, HubSpot, Chipotle, Shockwave, and DexCom, are near buy points and have shown positive technical action. DexCom recently raised its revenue guidance for fiscal 2025.
While Nvidia stock saw a slight decline last week, it remains close to its record high. AMD stock and C3.ai stock broke below their 21-day moving averages, while Tesla stock fell after reaching a nine-month high and receiving downgrades from several analysts.
Apple stock and Meta stock found support from their fast-rising 10-day moving averages, with Apple reaching a new record high and Meta reaching a 16-month peak.
Overall, although the stock market rally experienced a retreat last week, the pullback has been orderly for the Nasdaq and S&P 500. The Dow Jones and Russell 2000 suffered more significant damage. Investors are advised to closely monitor leading stocks during this market pullback and pay attention to their long-term performance.
Investors eagerly await Sunday’s evening opening bell, as Dow Jones Futures, S&P 500 Futures, and Nasdaq Futures indicate a potential stock market pullback. Stay tuned for a potentially eventful start to the trading week.