Dow Jones futures edged lower early Wednesday, along with S&P 500 futures and Nasdaq futures, after the stock market rally ended Tuesday with tiny gains. Didi Global
), the world's largest ride-hailing operator, priced its IPO at the high end of its narrow range late Tuesday, with former rival Uber Technologies
) owning a big stake.
Apple stock has had a sluggish 2021, but is closing in on a buy point
. Meanwhile, Apple
) iPhone chipmakers Qorvo
), Skyworks Solutions
) and Broadcom
) are nearing breakouts as well. SWKS stock and especially QRVO stock surged up the right side of bases Tuesday, helped by analyst price target hikes. They were Tuesday's two best S&P 500 performers.
The moves by iPhone chipmakers comes as the chip sector has been strengthening once again.
Before Wednesday's open, Schnitzer Steel
) and Bed Bath & Beyond
) report earnings.
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