Dow Jones futures were little changed Tuesday, along with S&P 500 futures and Nasdaq futures. The Nasdaq hit a new high in Monday's stock market rally, fueled by
Facebook (
FB) and coronavirus plays. But the Dow Jones lagged as energy, mining, financial and travel stocks slumped as Delta coronavirus cases increase.
Meanwhile,
Morgan Stanley (
MS),
Goldman Sachs (
GS) and
Jefferies (
JEF) headlined key bank movers on news overnight.
Key Market Rally Movers
In Monday's session,
Zebra Technologies (
ZBRA) broke out of a base, while
Etsy (
ETSY),
Applied Materials (
AMAT) and
Progyny (
PGNY) cleared early
buy points.
Nio (
NIO) moved above a very aggressive entry.
The stock market rally was split Monday. The Nasdaq rallied on a Facebook antitrust win, positive chip industry news, surging gene-editing stocks such as
Intellia Therapeutics (
NTLA) as well as a sharp drop in the 10-year Treasury yield. Covid fears and restrictions may have boost coronavirus stocks such as
Zoom Video (
ZM),
Peloton (
PTON) and Etsy stock.
EV makers such as Nio stock and China peers
Xpeng (
XPEV) and
Li Auto (
LI) were big winners, while startups such as
Fisker (
FSR) and
Workhorse Group (
WKHS) also popped.
Tesla (
TSLA) also rose, but TSLA stock lagged its smaller rivals.
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