Dow Jones futures fell overnight, along with S&P 500 futures and Nasdaq futures. The stock market rebounded powerfully Thursday from steep losses, led by techs such as Palo Alto stock. The U.S. and Europe announced tougher sanctions vs. Russia for its sweeping Ukraine invasion, but the penalties were not as severe as feared.
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The Nasdaq and S&P 500 raced up from strong gains, with the Dow Jones recovering to close slightly higher. This marks the start of a stock market rally attempt. But it’s not a green light for investors.
Palo Alto Networks (PANW) and other cybersecurity stocks raced higher, including Fortinet (FTNT) Datadog (DDOG) and ZS stock. But Zscaler (ZS) plunged overnight after reporting earnings.
Meanwhile, Microsoft (MSFT) rebounded 5.1% after undercutting the low of its base. Apple (AAPL) and Expedia (EXPE) both rallied off key support, with Apple closing up…
