MarketsmithIndia Articles

Dow Jones Futures Signal Modest Gains Amid Stock Market Rotation As Apple Nears New Buy Point; Tesla Tests Key Level

Posted Date: May 04 2021
Dow Jones futures were slightly higher, while S&P 500 futures and Nasdaq 100 futures were lower early Tuesday, as the Dow Jones Industrial Average neared all-time highs. Dow Jones leader Apple is approaching a new buy point, while Tesla stock is testing a key level.
On Monday, the tech-heavy Nasdaq composite declined 0.5%. The S&P 500 moved up 0.3%, while the Dow Jones Industrial Average advanced 0.7%.
Among the Dow Jones leadersApple (AAPL) rose almost 1% Monday, while Microsoft (MSFT) declined 0.1% in today's stock marketGoldman Sachs (GS) is trading just off a new buy point.
Tesla (TSLA) skidded 3.5% Monday, giving back a large part of Friday's 4.8% advance. The EV giant is testing a key support level

What do you think? Please email us any questions or comments.

Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.For more information, see our Legal disclosures here.

Related Article