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Dow Jones Futures Rally As Tesla Gives Up Key Level; Baidu Jumps On Earnings

Posted Date: May 18 2021
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were higher early Tuesday. Tesla stock broke down through a key support level with sharp losses Monday. Baidu (BIDU) jumped after reporting earnings ahead of the open.
The stock market slashed losses Monday. The tech-heavy Nasdaq composite closed down 0.4%. The S&P 500 lost 0.25%, while the Dow Jones Industrial Average eased 0.2% lower.
Among the Dow Jones leadersApple (AAPL) sold off 0.9% Monday, while Microsoft (MSFT) declined 1.2% in today's stock marketGoldman Sachs (GS) and JPMorgan (JPM) are in buy zones after recent breakouts.
Tesla (TSLA) continues to struggle, sliding over 2% Monday to again fall below its key long-term 200-day moving average line.
Among the top stocks to buy and watch, Alphabet (GOOGL), ASML (ASML), Jefferies Financial Group (JEF) and Cameco (CCJ) are in or near buy zones.

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