The Dow Jones Industrial Average plunged as the stock market slid in and out of mixed trading on Monday, after its strongest week since November 2020. US oil prices jumped above $108 a barrel. after market close, nike (NKE) will report its quarterly earnings results.
somewhere else between Dow Jones stockAnd the an Apple (AAPL) gradually downwards and Microsoft (MSFT) decreased 0.5% in Stock market today. United Health (United nations), a Dow Jones stock to watch, ended Friday in a buying range.
electric car leader Tesla (TSLA) was up about 2% early Monday, on a pace adding to Friday’s gains.
Amidst the news-driven market volatility, costco (cost), GlobalFoundries (GFS), O’Reilly Motors (Orly), Regeneron Pharmaceuticals (Region) And the Vertex Pharmaceuticals (VRTX) is among the biggest stocks to buy and watch on Monday.
Dow Jones today: Treasury yields and oil prices
After the market opened on Monday, the Dow Jones Industrial Average lost 0.2% and the S&P 500 Index fell 0.15%. The Nasdaq was down 0.7% in morning trading.
The 10-year US Treasury yield rose to 2.24% on Monday morning after ending Friday at 2.14%.
US oil prices added to their recovery, jumping more than 4% on Monday morning. This brings West Texas Intermediate crude above $108 a barrel. Last week, West Texas Intermediate crude was briefly trading below $94 a barrel.
stock market rise
The stock market posted more solid gains on Friday, as the high-tech Nasdaq extended its winning streak to four sessions. After the big spike that happened last week, now is an important time to read and follow IBD The Big Picture vertical.
friday big picture The column commented, “But Nasdaq’s outperformance was not driven by tech stocks breaking out of the base. Instead, most of the battered software stocks and other former leaders from last year were rallying from their lows after sharp sell-offs. However, the Nasdaq followed that composite On the fourth day of its bullish attempt, up 2% on higher volumes.”
If you are new to IBD, consider taking a look at stock trading system And the CAN SLIM Basics. Distinguish chart patterns It is one of the key investment guidelines. IBD offers a wide range of Stock Growth ListsSuch as leaderboard And the SwingTrader.
Dow Jones stocks to watch: UnitedHealth
Managed care giant UnitedHealth shows a 500.10 point of purchase with a handle insert on a double-bottomed base. Stocks ended Friday in a buying range despite losing 0.2%. UN stock prices were flat early Monday.
bullish, stock line relative force It is approaching new highs, indicating a significant outperformance in the stock market.
Stocks to buy and watch: Costco, GlobalFoundries, O’ReillyRegeneron, Vertex
IBD SwingTrader Stock Costco falls within a purchase range exceeding 545.39 buy point At the base of a cup with a handle, according to IBD Market Smith Graphs. Costco shares moved slightly higher early Monday.
IPO last week week stock, GlobalFoundries, is in a buying range after the 73.35 buy point for the cup base following Friday’s 6.8% advance. Shares of GlobalFoundries were down more than 1% Monday morning.
Tuesday’s IBD 50 stockpile to watch Pick, O’Reilly Automotive, is above 687.33 buying points in a cup with a handle despite Friday’s 1.6% drop. The 5% buy space It tops at 721.70. ORLY shares were flat early Monday.
Regeneron Pharmaceuticals falls within a purchase range that exceeds 673.96 buy point at flat base Amid an eight-day winning streak. REGN shares are up 0.5% on Monday. Regeneron last week New America vertical.
IBD Leaderboard Vertex Pharmaceuticals stock is tracking the base of a cup with a buy point of 255.03. According to Leaderboard analysis, Vertex Pharmaceuticals has boosted to half a position from a quarter in a strong rebound from the 50-day streak in recent weeks. VRTX shares were slightly lower on Monday.
Tesla stock It traded up about 2% early Monday, looking to add more consecutive earnings over the course of four days. On Thursday, stocks regained their long-term 200-day moving average, but the volume of movement was thin. However, the restoration of support could signal the early stages of a possible rise to the right side of a new base. Now, the stock is trying to decisively recover the 50-day streak.
The stock traded as high as 1,243.49 on November 4, but on Friday finished about 27% off its all-time high.
Dow Jones Leaders: Apple and Microsoft
in between Dow Jones stockApple shares rose 2.1% on Friday, extending the winning streak to four sessions. The stock moved back above the long-term 200-day line, but remained 1.5% below the 50-day moving average. AAPL shares lost 0.1 percent early Monday.
Software leader Microsoft added 1.8% on Friday, as stocks returned above the 50-day line. A new rule began to take shape. Microsoft shares fell 0.5 percent on Monday morning.
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