MarketsmithIndia Articles

Dow Jones Futures: Nvidia Leads Six Key Earnings As Ford Jump, Tesla Lags, Meme Stocks Soar

May 27 2021
Dow Jones futures fell slightly early Thursday, along with S&P 500 futures and Nasdaq futures, ahead of key economic data. The stock market rally had modest gains Wednesday, led by techs and small caps, with leading stocks having a good session.
Ford Motor (F) broke out as it doubled down again on electric vehicles. Tesla (TSLA) rose, but lagged Ford stock and most EV plays, including Nio (NIO), Xpeng (XPEV) and Li Auto (LI).
Meanwhile, GameStop (GME) and AMC Entertainment (AMC) spiked again as "meme" stocks popular on Reddit are back in favor.
Nvidia (NVDA), Williams-Sonoma (WSM), DXC Technology (DXC), Okta (OKTA), Snowflake (SNOW) and Workday (WDAY) headlined key earnings reports after the close.
Nvidia stock edged lower while WSM stock rose modestly. DXC, Okta, Snowflake and WDAY stock fell.
Nvidia stock, DXC Technology, Ford and Williams-Sonoma are on IBD Leaderboard.

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