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Dow Jones Futures: Stock Market Rally, Tesla Have Healthy Pullbacks As Biden Stimulus Buzz Wanes – Investor’s Business Daily
Dow Jones futures: Biden stimulus buzz is waning, as the stock market rally and Tesla stock had healthy pullbacks. Qualcomm, JPMorgan are near buy points.
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally fell last week as buzz from the Biden stimulus plan began to wane. But it was a constructive pullback.
XThe major indexes fell modestly, holding short-term moving averages and letting longer-term averages catch up. Some euphoric market areas such as new IPOs like Yatsen Holding (YSG) suffered significant losses or sharp reversals. Tesla (TSLA) retreated, but after appearing to go on…
