Dow Jones futures rose slightly Sunday night, along with S&P 500 futures and Nasdaq futures.
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The stock market was mixed last week. On the one hand, the S&P 500 and especially the Nasdaq advanced, snapping three-week losing streaks. But the major indexes suffered ugly reversals Thursday despite blowout Nvidia (NVDA) earnings and guidance. Stocks did rebound Friday following Fed chief Jerome Powell’s speech, but many leaders remain damaged.
A market rally attempt remains ongoing, but investors should remain cautious in the current environment, especially with tech names.
Nvidia stock rose solidly for the week, but came well off Thursday morning highs and faces a key test. Meanwhile, other chip and artificial intelligence plays suffered sharp losses.
Tesla (TSLA) jumped last week, coming up to key levels. Buzz about the Tesla Cybertruck and an upgraded Model 3 is fueling TSLA…
