Dow Jones Futures Fall: Market Rally At Highs As Apple Earnings Loom; China Stocks Dive, Bitcoin Spikes, Here Comes Tesla
July 26 2021
Dow Jones futures fell slightly Monday morning, along with S&P 500 futures and Nasdaq futures, after the stock market rally rebounded back to record highs last week. U.S.-listed China stocks continued to plunge as Beijing expanded its crackdown on the private sector. Bitcoin spiked to nearly $40,000 Sunday night before pulling back somewhat.
Tesla earnings loom on Monday night, with Apple stock, Microsoft (MSFT), Amazon.com (AMZN), Facebook (FB) and Google parent Alphabet (GOOGL) also due this coming week.
Those six companies have a combined market cap of nearly $10 trillion. All except Tesla stock had solid to standout weeks, trading at or near record highs.
Tesla earnings loom on Monday night, with Apple stock, Microsoft (MSFT), Amazon.com (AMZN), Facebook (FB) and Google parent Alphabet (GOOGL) also due this coming week.
Those six companies have a combined market cap of nearly $10 trillion. All except Tesla stock had solid to standout weeks, trading at or near record highs.
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