Dow Jones futures rose modestl

2022-10-24

Dow Jones futures rose modestly Sunday night, along with S&P 500 futures and Nasdaq futures, but well off evening highs. China released Q3 GDP and key economic data while Tesla (TSLA) cut Model 3 and Model Y prices in China. while Apple (AAPL) and Microsoft lead peak earnings week.

The stock market rally had strong gains last week, signaling a change in character. The 10-year Treasury yield spiked to fresh 14-year highs during the week. But yields, especially the two-year rate, tumbled Friday on a Wall Street Journal report stoking hopes for slower Fed rate hikes soon.

The major indexes, up solidly throughout a volatile week, ran sharply higher Friday. The S&P 500 and Nasdaq cleared key short-term resistance, joining the Dow Jones.

Apple stock, Microsoft (MSFT), Google parent Alphabet (GOOGL), Amazon.com (AMZN), and Meta Platforms (META) all report this week, along with Boeing (BA), Merck (MRK), Vertex Pharmaceuticals (VRTX) and hundreds of other companies.

@Daily_Discussion

💰 Stocks to watch today?(20 Dec)

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

LuckyPiggie
2022-10-24
LuckyPiggie
thanks for sharing
Pepermintpat
2022-10-24
Pepermintpat
Short term spike good for all
Dinvester
2022-10-24
Dinvester
Gd
markiefy
2022-10-24
markiefy
thanks
ChongTingWei
2022-10-24
ChongTingWei
Like
Jackson83
2022-10-24
Jackson83
👍🏻

Leave a comment

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