MarketsmithIndia Articles

Dow Jones Futures Fall, Tech Futures Dive As Virgin Galactic Plunges 20% On Earnings

May 11 2021
Dow Jones futures, along with S&P 500 futures and especially Nasdaq 100 futures, were lower early Tuesday, as the split stock market rally continues. The Dow Jones Industrial Average hit more record highs before reversing lower, while tech stocks dived. Tesla stock skidded over 6% Monday.
On Monday, the tech-heavy Nasdaq composite sold off 2.55%. The S&P 500 lost 1%, while the Dow Jones Industrial Average inched 0.1% lower after reversing from all-time highs.
Among the Dow Jones leadersApple (AAPL) sold off 2.6% Monday, while Microsoft (MSFT) declined 2.1% in today's stock marketGoldman Sachs (GS) is in buy range after a recent breakout, while JPMorgan (JPM) tried to break out.

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