The stock market saw some mixed trading today as the Dow Jones Industrial Average fell in the final session of the quarter. Some notable stocks like Meta Platforms and Amazon.com received bullish analyst calls, while Warren Buffett stocks like Apple were near buy points.
Stocks across the board had a mixed day, with the Dow Jones index down over 100 points, Apple and Home Depot were top performers, and Boeing lagged behind. The Nasdaq composite managed to reverse higher, remaining clear of its 50-day moving average. Intuitive Surgical was a strong performer, whereas Dollar Tree struggled.
In terms of sectors, communication services and real estate stocks were performing well, while materials and consumer discretionary sectors were weaker. The S&P 500 was slightly higher, and the Russell 2000 was up 0.1%. Growth stocks, as represented by the IBD 50 exchange-traded fund, were also performing well.
Some notable stocks mentioned were Meta Platforms, Amazon, Google, Microsoft, Tesla, and Nvidia, all of which had mixed performance on the day. The Magnificent Seven group of stocks looked to finish the month strong, with the Roundhill Magnificent Seven ETF showing a gain of more than 6%.
Other stocks, like Universal Health Services, Nio, Stellantis, Mastercard, Louisiana-Pacific, and Apple, had specific news or notable movements throughout the day. Additionally, tensions in the Middle East between Israel and Hezbollah were escalating.
Overall, the stock market saw a mix of performances from various sectors and individual stocks, with some stocks near buy points or receiving bullish calls, while others faced challenges. It’s important to stay informed on news related to individual stocks and global events that could impact the stock market.
