Dow Jones futures tilted lower Wednesday morning, while S&P 500 futures and Nasdaq futures edged higher. Bitcoin rebounded after Tuesday's tumble toward multi-month lows. The stock market rally had another quiet session Tuesday, with the major indexes holding near record highs but more top stocks flashing buy signals.
UiPath (
PATH) reported better-than-expected earnings late Tuesday in its first report since its IPO, but the initial reaction for PATH stock was negative.
Clover Health (
CLOV) and
Wendy's (
WEN) soared as they've
joined the "meme stock" Reddit craze. GME stock shot up with
GameStop (
GME) earnings due Wednesday.
Bed Bath & Beyond (
BBBY) and
AMC Entertainment (
AMC) continued higher. But RIDE stock plunged after
Lordstown (
RIDE) issued a going concern notice.
The S&P 500 was essentially flat Tuesday. But
Generac (
GNRC) and
Marvell Technology (
MRVL) broke out. Google parent
Alphabet (
GOOGL) is nudging toward a breakout and new high.
Applied Materials (
AMAT) retreated, but now has a handle in its consolidation as it tests its 50-day line once again.
Generac stock joined
IBD Leaderboard on Tuesday. Google and AMAT stock are already on Leaderboard. GOOGL stock is on
IBD Long-Term Leaders.
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