Dow Jones Futures Signal Losses; Nvidia Hits New Buy Point, As Bitcoin Tops $47,000
Posted Date: February 09 2021
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were lower early Tuesday, as the stock market rally set more record highs. Bitcoin surged over 18% after Tesla purchased $1.5 billion worth of the cryptocurrency. Tech titan Nvidia and Dow Jones leader Disney broke out past new buy point.
The stock market added to last week's torrid gains, as the tech-heavy Nasdaq composite rallied 0.95%. The S&P 500 moved up 0.7%, while the Dow Jones Industrial Average climbed 0.8%.
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