Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally showed resilience during the past week, paring modest weekly losses even as Treasury yields soared. But Friday’s bounce largely fizzled, as the Nasdaq faces resistance.
Nvidia stock, Visa (V), Chipotle Mexican Grill (CMG), Salesforce.com (CRM), Tempur Sealy (TPX), Livent (LTHM), Arista Networks (ANET), SLB (SLB), Flowserve (FLS) and Marriott International (MAR).
Visa stock and Marriott are in traditional buy zones, while Chipotle and FLS stock are near them. SLB stock is actionable from an early entry while Nvidia (NVDA), CRM stock, Tempur Sealy, Arista Networks and Livent are close.
Nvidia and software makers Salesforce and Dynatrace are riding the AI wave, along with many other tech stocks.
Nvidia is on IBD Leaderboard, while CMG stock is on the Leaderboard watchlist. DT stock is on SwingTrader. LTHM stock and Salesforce.com are on the IBD 50 list. Salesforce was Friday’s IBD Stock Of The Day.
The video embedded in the article discussed the market rally’s weekly action and analyzed Salesforce, Tempur Sealy and SLB stock.
Dow Jones Futures Today
Dow Jones futures open at 6 p.m. ET on Sunday, along with S&P 500 futures and Nasdaq 100 futures.
Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.
Join IBD experts as they analyze actionable stocks in the stock market rally on IBD Live
Stock Market Rally
The stock market rally pulled back in a holiday-shortened week.
The Dow Jones Industrial Average fell 2% in last week’s stock market trading, skidding below its 21-day line and nearing its 50-day line. The S&P 500 index fell 1.2% to just below its 10-day line. The Nasdaq composite slipped 0.9%, holding the 10-day. The small-cap Russell 2000 fell 1.4%, but Friday’s 1.1% bounce brought it back above the 21-day.
The Invesco S&P 500 Equal Weight ETF (RSP) lost just 0.75% for the week. The First Trust Nasdaq 100 Equal Weighted Index ETF (QQEW)…