Dow Jones Futures Fall After Stocks Hold Key Levels Following Iran Attack; Tesla Deliveries Due

Blockhead2024-10-02

Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures. Nike (NKE) reported earnings Tuesday night with Tesla deliveries on tap before the open. The stock market rally ...

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Nike (NKE) reported earnings Tuesday night with Tesla deliveries on tap before the open.\nThe stock market rally ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-market-pares-losses-iran-missile-attack-tesla-deliveries/\">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 After Stocks Hold Key Levels Following Iran Attack; Tesla Deliveries Due</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 After Stocks Hold Key Levels Following Iran Attack; Tesla Deliveries Due\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-02 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-market-pares-losses-iran-missile-attack-tesla-deliveries/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures. Nike (NKE) reported earnings Tuesday night with Tesla deliveries on tap before the open.\nThe stock market rally ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-market-pares-losses-iran-missile-attack-tesla-deliveries/\">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":"BYDDF","symbol_name":"BYD Co., Ltd.","start_time":0,"source_url":"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-market-pares-losses-iran-missile-attack-tesla-deliveries/","article_id":"2472560253","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/04/ISRAEL_iranmissile_041524_adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472560253","pubTimestamp":1727837747,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"The stock market suffered sharp losses as Iran missiles attacked Israel, but several names flashed buy signals. Tesla deliveries are on deck.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BYDDF":"BYD Co., Ltd.","LU1861558580.USD":"日兴方舟颠覆性创新基金B","UPRO":"三倍做多标普500ETF","BK4571":"数字音乐概念","XLI":"工业指数ETF-SPDR","BK4570":"地缘局势概念股","FFTY":"Innovator IBD 50 ETF","SSO":"两倍做多标普500ETF","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","SMH":"半导体指数ETF-HOLDRs","VOO":"Vanguard标普500ETF","SPXU":"三倍做空标普500ETF","BK4507":"流媒体概念","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","RYAN":"Ryan Specialty Group Holdings, Inc.","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","CBOE":"芝加哥期权交易所","XHB":"房屋建筑商指数ETF-SPDR","SPY":"标普500ETF","XLV":"健康照护类股ETF-SPDR","AAPL":"苹果","TSLA":"特斯拉","IGV":"北美软件ETF-iShares","JETS":"U.S. Global Jets ETF",".SPX":"S&P 500 Index","AVAV":"AeroVironment公司","OEX":"标普100","SDS":"两倍做空标普500ETF","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","BK4551":"寇图资本持仓","ARKG":"ARK Genomic Revolution ETF","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","TSLL":"Direxion Daily TSLA Bull 2X Shares","XME":"金属与采矿指数ETF-SPDR","FDN":"First Trust Dow Jones Internet I","ARKK":"ARK Innovation ETF","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF","XLE":"SPDR能源指数ETF","SH":"标普500反向ETF","XLF":"金融ETF","NKE":"耐克"},"translate_title":"伊朗袭击后股市守住关键水平，道琼斯期货下跌；特斯拉交付到期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XME":1,"RYAN":1,"SMH":1,"JETS":1,"IGV":1,"TSLL":1,"FFTY":1,"XHB":1,"CBOE":1,"XLE":1,"ARKG":1,"ARKK":1,"AVAV":1,"XLV":1,"XLI":1,"XLF":1,"BYDDF":1,"NQmain":0.9,"FDN":0.9,"NKE":0.8,"VOO":0.72,"SPY":0.72,"TSLA":0.7,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,".SPX":0.6,"IVV":0.6,"ESmain":0.6,"EVS.SI":0.6,"AAPL":0.6},"content_text":"Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures. Nike (NKE) reported earnings Tuesday night with Tesla deliveries on tap before the open.\nThe stock market rally suffered significant losses Tuesday as Iran launched nearly 200 missiles vs. Israel. The major indexes came off intraday lows after the attack caused little damage, but faded again into the close. The Nasdaq and Russell 2000 suffered the biggest declines, but did hold key support.\nStronger-than-expected job openings and negative news on Apple (AAPL) iPhone demand also were headwinds, along with the East Coast port strike.\n\n\n\n↑\nX\n\n\n\n\nIndexes Cut Losses After Iran Attack; CBOE, Ryan Specialty, AeroVironment In Focus\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nIndexes Cut Losses After Iran Attack; CBOE, Ryan Specialty, AeroVironment In Focus\n\n\n\n\nCBOE Global Markets (CBOE), Ryan Specialty Holdings (RYAN) and AeroVironment (AVAV) flashed buy signals.\nTesla (TSLA) is expected to report third-quarter deliveries early Wednesday. That follows record EV deliveries from several China EV makers, including giant BYD (BYDDF). BYD cleared a long-term base Tuesday while Tesla stock is near a buy point, but both look extended.\nCBOE stock is on SwingTrader. Ryan stock is on the IBD 50. Ryan Specialty was Tuesday's IBD Stock Of The Day.\nThe video embedded in this article reviews Tuesday's market action and analyzes CBOE Global Markets, Ryan Specialty Holdings and AVAV stock.\nDow Jones Futures Today\nDow Jones futures fell 0.2% vs. fair value, with Nike stock a drag. S&P 500 futures and Nasdaq 100 futures lost 0.1%.\nCrude oil futures rose more than 1%, near $71 a barrel.\nRemember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.\n\nJoin IBD experts as they analyze leading stocks and the market on IBD Live\n\nEarnings\nNike earnings tumbled in fiscal Q1 2025, but topped views. Revenue fell 10%, slightly missing. The Dow Jones giant withdrew guidance and delayed an investor day as it awaits a CEO shift. In late September, Nike announced that longtime company vet Elliott Hill would return to become CEO, with John Donahoe stepping down on Oct. 13.\nNike stock fell solidly in late trade. Shares edged up 0.8% to 89.13 in Tuesday's regular session, still below the 200-day line. NKE stock hit a 14-year low in August.\nStock Market Rally\nThe stock market rally fell back Tuesday in anticipation of Tehran launching ballistic missiles at Israel. After the actual Iran missile attack, the key indexes came off intraday lows. If Mideast violence doesn't further escalate, markets may soon rebound. But fighting has steadily increased over the past year.\nThe Dow Jones Industrial Average fell 0.4% in Tuesday's stock market trading and the S&P 500 index lost 0.9%, both backing off Monday's record close. The Nasdaq composite slumped 1.5%, back below the 18,000 level. But it did bounce off the 21-day line after skidding more than 2%.\nThe small-cap Russell 2000 slumped 1.5%, just holding the 21-day line.\n\nU.S. crude oil prices rose 2.4% to $69.83 a barrel on the Iran attack vs. Israel, but that was well off intraday highs of $71.94.\nThe 10-year Treasury yield fell six basis points to 3.74%, paring losses from just below 3.7%.\n\nNvidia Is No Longer The Top S&P 500 Stock In 2024. Meet The New King.\n\nETFs\nAmong growth ETFs, the Innovator IBD 50 ETF (FFTY) retreated 1.4%. The iShares Expanded Tech-Software Sector ETF (IGV) gave up 2.1%. The VanEck Vectors Semiconductor ETF (SMH) slumped 2.7%\nReflecting more-speculative story stocks, ARK Innovation ETF (ARKK) shed 2.8% and ARK Genomics ETF (ARKG) lost 2.9%. Tesla stock is a major holding across Ark Invest's ETFs. Cathie Wood also owns a small BYD stock stake.\nSPDR S&P Metals & Mining ETF (XME) edged up 0.2%. U.S. Global Jets ETF (JETS) descended 1.25%. SPDR S&P Homebuilders ETF (XHB) dipped 0.2%. The Energy Select SPDR ETF (XLE) bounced 2.3% and the Health Care Select Sector SPDR Fund (XLV) declined 0.5%\nThe Industrial Select Sector SPDR Fund (XLI) rose a fraction.\nThe Financial Select SPDR ETF (XLF) dropped 0.5%.\n\nTime The Market With IBD's ETF Market Strategy\n\nTesla Deliveries\nTesla is expected to report Q3 deliveries and production figures before Wednesday's open, along with energy storage deployed. Tesla deliveries are expected to be 462,000, up 6% vs. Q3 2023, when the Model 3 update rollout was getting underway. There are some reports that deliveries could top 470,000. Tesla deliveries hit a record 484,507 in Q4 2023.\nTesla is being led by China sales, with the U.S. market so-so and Europe weak. China sales, already relatively low margin, have gotten a boost from zero-interest financing incentives, as well as higher government subsidies.\nThe EV giant pulled the base Model 3 RWD from the U.S. on Tuesday, leading the Model 3 Long Range RWD as the entry model.\nTesla deliveries will follow record September or third-quarter sales from EV giant BYD, Nio (NIO), XPeng (XPEV), Li Auto (LI) and Geely-owned Zeekr (ZK). BYD sold a record 1,134,892 vehicles in Q3, up 37.3% vs. a year earlier and 7.6% vs. Q2's 986,720. Plug-in hybrids are fueling the gains. Tesla should remain No. 1 in BEV sales in Q3.\n\nTesla Deliveries Loom As BYD Sales, Shares Soar\n\nTesla Stock\nTesla stock fell 1.4% to 258.02, off intraday lows. Shares are working on a cup-base buy point of 271. However, TSLA stock is extended from the 50-day line. Also, after Tesla deliveries, the Oct. 10 robotaxi day and Q3 earnings are on deck.\n\nBYD stock leapt 4.9% to 37.30, clearing a 14-month cup base with a 36.27 buy point to hit a two-year high. But shares are 25% above their 50-day.\nNio stock, Li Auto, XPeng and Zeekr all advanced strongly Tuesday, after skyrocketing last month from near significant lows.\nApple Stock\nApple stock fell 2.9% to 226.21, but closed above its 21-day line. That's after offering an early entry Monday and nearly clearing a handle buy point of 233.09.\n\nApple may be cutting iPhone 16 production by 3 million for the December-ended quarter, Barclays said Tuesday, citing supply-chain checks.\nStocks In Buy Areas\nCBOE stock rose 2.4% to 209.84, rebounding from the 50-day/10-week lines clearly and breaking a downtrend within a flat base. The flat base, part of a base-on-base formation, has a 216.14 official buy point.\nRyan Specialty stock advanced 2.7% to 68.20. The insurance broker briefly topped a 69.03 cup-base buy point, according to MarketSurge. Shares are trading around a 68.47 early entry from a too-short handle. RYAN stock is already actionable from breaking the downtrend of the handle.\nAeroVironment popped 5.3% to 211.09, briefly topping a 211.44 cup-with-handle buy point intraday. Earlier Tuesday, the drone maker cleared a short-term high within the handle as well as a trendline from the top of the base.\nWhat To Do Now\nThe stock market rally generally lost ground amid the Iran missile attack, but came off lows.\nIf the market recovers fully from Tuesday, a number of stocks could look interesting, reclaiming buy points or flashing new entries from handles or pullbacks.\nWork on your watchlists, paying attention to stocks showing relative strength. Don't have tunnel vision, focusing only on tech growth names. The Nasdaq has been a laggard the past few months.\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 MAY ALSO LIKE:\nBest Growth Stocks To Buy And Watch\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today\nHow To Invest: Rules For When To Buy And Sell Stocks In Bull And Bear Markets","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","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":"4.29.4","shortVersion":"4.29.4","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/2472560253"}