Dow Jones, S&P 500, and Nasdaq 100 futures were higher before Tuesday’s market open. Coinbase stock surged nearly 17% on Monday, while Alphabet stock fell below a key support level. Bitcoin also saw a 5% increase, trading around $54,600.
Key earnings movers late Monday included Trex, Unity Software, Workday, and Zoom Video Communications. Trex stock jumped over 8% in extended trading, while Unity and Workday shares dropped by 19% and 6.6%, respectively. Zoom stock, on the other hand, advanced by 10%.
The Dow Jones Industrial Average, the S&P 500, and the Nasdaq composite all saw declines on Monday. Google stock experienced the biggest drop, down by 4.4%, while Tesla rallied almost 4%.
Apple and Microsoft also traded lower in the stock market on Monday, with Apple down by 0.75% and Microsoft by 0.7%. Stocks like Birkenstock, Lennar, SharkNinja, Toll Brothers, Weatherford, Disney, Dow, and Procter & Gamble are worth watching in today’s market.
In terms of Dow Jones futures, they were up by 0.1% before Tuesday’s opening bell, while S&P 500 futures and Nasdaq 100 futures also saw gains. The 10-year U.S. Treasury yield rose to 4.29%, and oil prices remained near their recent highs.
To keep track of the stock market rally, it’s essential to read up on the latest market outlook and stay informed about breaking opportunities in stocks. Key stocks to watch in today’s market include Novo Nordisk, Merck, DraftKings, and Spotify. Additionally, experts recommend analyzing top growth stocks like Nvidia and Tesla.
For more updates on growth stocks and the Dow Jones Industrial Average, follow Scott Lehtonen on X/Twitter at @IBD_SLehtonen.
