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Home Markets

Dow Jones Market Futures Slide; Lucid, Zoom Plunge On Earnings

by Prattay Mazumdar
March 1, 2022
in Markets
Reading Time: 2 mins read
0
Russia

Source: Yahoo News

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Russia
Source: Yahoo News

Dow Jones prospects were lower early Tuesday, as the securities exchange rally endeavor proceeds. Russia’s continuous Ukraine attack, alongside the West’s reaction, stays the critical point of convergence in the securities exchange today. Clear Motors and Zoom stock plunged on income after the nearby.

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Financial backers need tolerance and discipline at the present time, keeping cash generally uninvolved to check whether the market rally endeavor can flag a new upswing.

Dow Jones tech titan Apple and online protection pioneer Palo Alto Networks are among those in or close to new purchase zones. In the meantime, Tesla took a bullish action Monday, retaking its drawn-out 200-day line. Be that as it may, Tesla stocks remain parts a long way from their old highs.

After the nearby Monday, Lucid Motors (LCID) and Zoom Video Communications (ZM) revealed their quarterly outcomes. LCID shares tumbled almost 14% late, while Zoom stock plunged 10% prior to cutting misfortunes in expanded exchange.

Securities exchange Today, on Monday, the Dow Jones Industrial Average declined 0.5%, while the S&P 500 lost 0.2%. The tech-weighty Nasdaq composite exchanged up 0.4%.

Among the Dow Jones pioneers, Apple (AAPL) rose 0.2% and Microsoft (MSFT) exchanged up 0.5% in the present securities exchange. American Express (AXP), a Dow Jones stock to watch, is back in the purchase range.

Electric-vehicle pioneer Tesla (TSLA) flooded over 7% Monday. In the midst of an unstable, feature-driven market, Commercial Metals (CMC), Northern Oil and Gas (NOG), Palo Alto Networks (PANW), and Ryan Specialty (RYAN) are among Monday’s top stocks to watch. Remember that current financial exchange conditions should keep financial backers in real money and uninvolved.

Microsoft and Tesla are IBD Leaderboard stocks. Business Metals was included in the current week’s Stocks Near A Buy Zone section. Ryan Specialty is an IPO Leader.

Dow Jones Futures: Russia-Ukraine Talks. In front of the securities exchange open Tuesday, Dow Jones fates lost 0.7%, S&P 500 fates exchanged down 0.8% and Nasdaq 100 fates dropped 0.85% versus fair worth.

Among trade exchanged reserves, the Nasdaq 100 tracker Invesco QQQ Trust (QQQ) rose 0.3%, and the SPDR S&P 500 ETF (SPY) declined 0.3% Monday.

The 10-year Treasury yield ticked down beneath 1.84% Monday, tumbling from Friday’s nearby above 1.98%.

The stock market posted mixed action Monday, as the Dow Jones Industrial Average and S&P 500 showed modest losses. The Nasdaq moved up slightly after a late-day rally. Tuesday will be Day 4 of the new rally attempt, which means a follow-through day — which signals the start of a new uptrend — is possible anytime now.

U.S. Stock Market Today Overview

Index Symbol Price Gain/Loss % Change
Dow Jones (0DJIA) 33879.55 -179.20 -0.53
S&P 500 (0S&P5) 4373.39 -11.26 -0.26
Nasdaq (0NDQC ) 13751.40 +56.78 +0.41
Russell 2000 (IWM) 203.21 +0.71 +0.35
IBD 50 (FFTY) 37.87 +0.29 +0.77
Last Update: 4:48 PM ET 2/28/2022
Tags: market futuresMarkets
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Prattay Mazumdar

Prattay is a Journalism and mass communication student. He is a deadline-oriented journalist with a passion for telling unique stories. Prattay is currently working as an intern at Techstory and can be reached at prattay@connasys.com .

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