Admin

Dow Jones decreases as three Warren Buffett picks approach buying levels; Cathie Wood makes purchase during stock’s 51% drop



Stocks closed lower Monday with Dow Jones component Apple falling on a massive fine. Nvidia and Super Micro Computer saw gains, with Cathie Wood buying a plunging stock and three Warren Buffett stocks trading near entries. The Nasdaq fell, Workday lagged, and the S&P 500 reversed lower. Hewlett Packard Enterprise surged, while small caps saw losses along with growth stocks. Treasury notes rose as the Dow Jones ended near session lows. Apple took a hit from a fine, while Intel and IBM performed well. Lennar, Floor & Decor, and Ally Financial are eyeing entries with solid fundamentals. Cathie Wood made moves in the market, while the Magnificent Seven stocks had mixed performances. Super Micro Computer soared after joining the S&P 500, while Deckers Outdoor and Zions Bancorp also saw changes. JetBlue and Spirit Airlines called off their merger, affecting their stock prices. Ford Motor jumped amid strong EV sales, and Rollins and Fortinet are near buy points. Analysts are assessing market trends and providing stock recommendations.

Leave a Comment