Dow Jones Futures Fall, China Stocks Fly On New Stimulus; Tesla Near Buy Point

Blockhead09-30 19:46

Dow Jones futures fell slightly Monday morning, along with S&P 500 futures and Nasdaq futures. China announced fresh stimulus but the Japanese yen rose as interest-rate hike bets returned. Tesla (TSLA...

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Tesla (TSLA...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-china-stocks-stimulus-tesla-buy-point/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jones Futures Fall, China Stocks Fly On New Stimulus; Tesla Near Buy Point</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones Futures Fall, China Stocks Fly On New Stimulus; Tesla Near Buy Point\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-30 19:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-china-stocks-stimulus-tesla-buy-point/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow Jones futures fell slightly Monday morning, along with S&P 500 futures and Nasdaq futures. China announced fresh stimulus but the Japanese yen rose as interest-rate hike bets returned. Tesla (TSLA...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-china-stocks-stimulus-tesla-buy-point/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPY","symbol_name":"标普500ETF","start_time":0,"source_url":"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-china-stocks-stimulus-tesla-buy-point/","article_id":"2471809538","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2018/12/Stock-TeslaPasadena-01-shut-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2471809538","pubTimestamp":1727696788,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Futures fell while China stocks soared yet again on fresh stimulus. Tesla stock is near a buy point with deliveries are on tap.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPY":"标普500ETF","XLE":"SPDR能源指数ETF","NIO":"蔚来","XLF":"金融ETF","CAVA":"CAVA Group Inc.","HOOD":"Robinhood","ARKG":"ARK Genomic Revolution ETF","ARKK":"ARK Innovation ETF","XLI":"工业指数ETF-SPDR","AVGO":"博通","CCL.AU":"Coca-Cola Amatil","ZIM.AU":"ZIMPLATS HOLDINGS LTD","XPEV":"小鹏汽车","AAPL":"苹果","TSM":"台积电","CCL":"嘉年华邮轮","BYDDF":"BYD Co., Ltd.","QID":"纳指两倍做空ETF","VOO":"Vanguard标普500ETF","ZIM":"以星航运","ZK":"极氪","IGV":"北美软件ETF-iShares","XHB":"房屋建筑商指数ETF-SPDR","FFTY":"Innovator IBD 50 ETF","TSLL":"Direxion Daily TSLA Bull 2X Shares","XLV":"健康照护类股ETF-SPDR","FDN":"First Trust Dow Jones Internet I","NIO.SI":"蔚来","LI":"理想汽车","TSLA":"特斯拉","MU":"美光科技","UPRO":"三倍做多标普500ETF","XME":"金属与采矿指数ETF-SPDR","RYAN":"Ryan Specialty Group Holdings, Inc.","JETS":"U.S. Global Jets ETF","GLNG":"Golar海运","SMH":"半导体指数ETF-HOLDRs","NVDA":"英伟达"},"translate_title":"道琼斯期货下跌，中国股市因新刺激措施而飙升；特斯拉接近买入点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKG":1,"ZIM.AU":1,"ZIM":1,"XME":1,"XLV":1,"XLI":1,"XLF":1,"XLE":1,"XHB":1,"TSLL":1,"TSLA":1,"SMH":1,"RYAN":1,"JETS":1,"CCL.AU":1,"CCL":1,"CAVA":1,"FFTY":1,"GLNG":1,"HOOD":1,"BYDDF":1,"IGV":1,"ARKK":1,"VOO":0.9,"FDN":0.9,"US7Y.BOND":0.9,"US6M.BOND":0.9,"US5Y.BOND":0.9,"US3Y.BOND":0.9,"US30Y.BOND":0.9,"US2Y.BOND":0.9,"US12M.BOND":0.9,"US10Y.BOND":0.9,"SPY":0.9,"AAPL":0.7,"XPEV":0.7,"ZK":0.7,"AVGO":0.7,"TSM":0.7,"NVDA":0.7,"NIO":0.7,"MU":0.7,"LI":0.7,"US912797HE00.BOND":0.6,"US912797GW17.BOND":0.6,"UPRO":0.6,"QID":0.6,"NIO.SI":0.6},"content_text":"Dow Jones futures fell slightly Monday morning, along with S&P 500 futures and Nasdaq futures. China announced fresh stimulus but the Japanese yen rose as interest-rate hike bets returned. Tesla (TSLA) and key China EV rivals report Q3 deliveries this week.\nThe stock market rally had a decent week, with the S&P 500 and Dow Jones setting record highs while the Nasdaq cleared a key level.\n\n\n\n↑\nX\n\n\n\n\nStocks Mixed But Cap Solid Week: Cava, Ryan Specialty, Eli Lilly In Focus\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nStocks Mixed But Cap Solid Week: Cava, Ryan Specialty, Eli Lilly In Focus\n\n\n\n\nNvidia (NVDA), Taiwan Semiconductor (TSM) and Broadcom (AVGO) flashed buy signals early in the week, followed by Micron Technology (MU) gapping up on earnings and guidance. But AI chip stocks fell back on Friday, with further losses Monday.\nApple (AAPL) is nearing a buy point while Robinhood (HOOD) flashed a buy signal Friday.\nTesla stock kept running, nearing a breakout. The EV giant should report third-quarter deliveries early Wednesday. China rivals BYD (BYDDF), Nio (NIO), XPeng (XPEV), Li Auto (LI) and Zeekr (ZK) also will report Q3 sales. All these stocks had huge weeks along with other China plays.\nCarnival (CCL) reports early Monday, with the cruise line just forging a handle to its cup base.\nThe video embedded in the article discussed the weekly market action in depth and analyzed Cava (CAVA), Ryan Specialty Holdings (RYAN) and Eli Lilly (LLY).\nDow Jones Futures Today\nDow Jones futures lost 0.2% vs. fair value. S&P 500 futures declined 0.3% and Nasdaq 100 futures fell 0.45%.\nThe 10-year Treasury yield rose a few basis points to 3.77%.\nCrude oil fell slightly. Bitcoin declined solidly.\nFed chief Jerome Powell will speak Monday afternoon, but it's unclear if he'll speak about the economy or monetary policy.\nRemember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.\nChina Stimulus Continues, Japan's Yen Jumps\nThe People's Bank of China on Sunday ordered commercial banks to lower mortgage rates by around 50 basis points, or at least 30 basis points below the PBOC's prime lending rate. Shanghai and some other key cities are further easing housing purchase restrictions.\nChina's central bank last week cut various rates and banks' reserve requirements, with Beijing reportedly mulling capital injections into banks.\nChina's manufacturing index rose 0.7 point in September to 49.8, just below the break-even 50 level but above views for 49.5. The non-manufacturing index fell 0.3 point to 50 vs. views for 50.5.\nHong Kong's Hang Seng Index rose 2.4% Monday, after spiking 13% last week, the best weekly gain since 1998. The Shanghai composite leapt 8.1% Monday, its best day since 2008. The Shanghai exchange will be closed through next Monday for national holidays, while Hong Kong will be closed only on Tuesday.\nAlibaba (BABA) gained after soaring nearly 20% last week.\nMeanwhile, Japan's Nikkei tumbled 4.8% Monday and the Japanese yen jumped as Shigeru Ishiba unexpectedly won the leadership of the ruling Liberal Democratic Party, making him the likely next prime minister. Ishiba favors higher interest rates, unlike Sanae Takaichi, who had favored to win. The unwinding of the yen carry trade, pushing the yen higher, has been a drag on global financial markets at times over the past two months.\n\nJoin IBD experts as they analyze leading stocks and the market on IBD Live\n\nStock Market Rally\nThe stock market rally had a modest but significant week after two powerful weekly gains. The Dow Jones and S&P 500 hitting all-time highs while the Nasdaq cleared the 18,000 level. The Nasdaq entered a power trend on Thursday, with the S&P 500's power trend no longer under pressure.\nThe Dow Jones Industrial Average rose 0.6% in last week's stock market trading. The S&P 500 index also climbed 0.6%. The Nasdaq composite gained 0.95%. The small-cap Russell 2000 dipped 0.1%, but did rise 0.7% on Friday.\n\nShipping firms such as Golar LNG (GLNG) and ZIM Integrated Shipping (ZIM) broke out, buoyed by a looming East Coast port strike and big storms.\nThe 10-year Treasury yield rose 2 basis points to 3.75%. Markets are leaning toward another half-point Fed rate cut in early November. Friday's jobs report could shift the odds significantly.\nU.S. crude oil futures fell 4% to $68.18 a barrel last week.\nETFs\nAmong growth ETFs, the Innovator IBD 50 ETF (FFTY) fell 0.85% last week. The iShares Expanded Tech-Software Sector ETF (IGV) rose a fraction. The VanEck Vectors Semiconductor ETF (SMH) popped 4.1%. Nvidia is the No. 1 holding in SMH, with Taiwan Semiconductor and Broadcom both major components.\nReflecting more-aggressive stocks, ARK Innovation ETF (ARKK) advanced 2.1% last week But ARK Genomics ETF (ARKG) fell 2.4%. Tesla stock is a major holding across Ark Invest's ETFs. But Cathie Wood has amassed a big NVDA stake as well. Ark also has a small position in BYD stock.\nSPDR S&P Metals & Mining ETF (XME) jumped 6.3% last week. U.S. Global Jets ETF (JETS) ascended 5.3%. SPDR S&P Homebuilders ETF (XHB) climbed 1.7%.\nThe Energy Select SPDR ETF (XLE) retreated 1.8% and the Health Care Select Sector SPDR Fund (XLV) sank 1.5%. The Industrial Select Sector SPDR Fund (XLI) was up 1.2%. The Financial Select SPDR ETF (XLF) fell 1.1%.\n\nTime The Market With IBD's ETF Market Strategy\n\nNvidia Stock, AI Plays\nNvidia stock popped 4.7% to 121.40 last week, rising off its 50-day line and clearing a short-term high of 120.79, offering an aggressive entry. Shares ran to 127.67 intraday Thursday, but hit resistance at a trendline. Investors could use Thursday's high as the new early entry, with 131.26 as the official buy point from an unsightly handle.\n\nTaiwan Semiconductor stock climbed 2.2% to 177.93, but finished low in its weekly range. Shares broke out of a cup-with-handle base on Tuesday and were extended by Thursday. But TSM stock fell 4.7% Friday, slightly above the 175.45 buy point, according to MarketSurge.\nBroadcom stock advanced 0.9% to 172.69. Shares topped a 172.42 early entry on Tuesday and kept rising to 180.25 intraday Thursday, but snapped its six-session win streak on Friday, down 3%.\nAll three of these stocks fell modestly early Monday, signaling a move below their recent entries.\nApple Stock\nApple stock dipped 0.2% to 227.79 last week, finding support at the 21-day line. AAPL stock now has a 233.09 handle buy point in a consolidation going back to mid-July. There have been mixed readings on whether demand for the iPhone 16 is robust or lackluster.\nShares rose a fraction early Monday.\n\nRobinhood Stock\nRobinhood stock rose 5.1% to 23.89 for the week, thanks to Friday's 6.5% jump. HOOD stock is actionable from breaking the downtrend of an alternate handle in a two-month consolidation. Robinhood is well-positioned as a crypto-friendly trading app with brokerages strong and bitcoin rebounding.\nHowever, shares fell early Monday with bitcoin retreating.\nTesla Deliveries\nTesla should report Q3 deliveries early Wednesday. Analysts expect Tesla deliveries of 462,000 EVs, up from 443,956 in Q2 and 435,059 in Q3 2023. Strong China sales, fueled by cheap financing and government subsidies, will likely offset a weak European market and so-so U.S. sales.\n\nTesla stock raced 9.3% last week to 260.46. TSLA stock is approaching a cup-base buy point of 271.\nTesla deliveries kick off a busy strgtch for the EV giant. On Oct. 10, Tesla will hold its robotaxi event. Q3 earnings will likely follow around Oct. 23. All of that will be sure to swing Tesla shares.\n\nTesla Nears Breakout As Deliveries Loom; BYD Races Through Buy Points\n\nChina EV Deliveries\nNio, XPeng, Li Auto and Zeekr will report September and third-quarter deliveries on Tuesday, Oct. 1. China EV and battery giant BYD is due Tuesday or Wednesday.\nXPeng stock skyrocketed 32.5% last week, with Nio up 23.5%, Li Auto 19.7% and Zeekr 30.1%, but all making their moves not far from major lows. BYD stock leapt 12.9%, racing through a buy zone to a 13-month high.\nEarly Monday, Nio, XPeng, Li Auto and Zeekr shot up again with Chinese stocks. BYD was not trading yet.\nWhat To Do Now\nIt's a good idea to step back and look at weekly charts.\nThe stock market rally had a lackluster Friday, especially AI chip stocks. But it was a positive week for the major indexes. The S&P 500 and Nasdaq are in full power trends, while the Federal Reserve as well as central banks in China, Europe and elsewhere are easing policy.\nLeading stocks also generally have been acting well, extending gains even if many came off weekly highs.\nA lot of last week's strength was in China names. They didn't offer many good opportunities to enter.\nInvestors with heavy exposure heading into the past week likely continued to make headway. Look for incremental buys, perhaps making room by taking profits or cutting laggards, but not taking major moves.\nKeep working on watchlists, looking for those incremental buys.\nNvidia stock is on Leaderboard. Nvidia and Robinhood stock are on SwingTrader. Nvidia and Broadcom stock are on the IBD 50. HOOD stock and Broadcom are on the IBD Big Cap 20.\nRead The Big Picture every day to stay in sync with the market direction and leading stocks and sectors.\nPlease follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.\nYOU MIGHT ALSO LIKE:\nWhy This IBD Tool Simplifies The Search For Top Stocks\nWant To Get Quick Profits And Avoid Big Losses? Try SwingTrader\nBest Growth Stocks To Buy And Watch\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today\nAmazon Leads Five Stocks Near Buy Points","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Business Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2471809538"}