Finance

Futures: Tesla first-quarter deliveries next


Dow Jones futures, S&P 500 futures and Nasdaq 100 futures were lower ahead of Tuesday’s market open.Google stock broke out to a new buy point on Monday, while Tesla (Tesla) will report on first-quarter deliveries on Tuesday.




X



Wall Street expectations The electric vehicle giant reported first-quarter deliveries of 457,000 vehicles, according to FactSet. That number started at 471,000 last week and was steadily declining before Tesla announced global deliveries. The consensus figure of 457,000 units likely includes some analyst forecasts that have not yet been released. Updated every few weeks or months.

Tesla shares fell 0.3% on Monday, still more than 40% below their 52-week high.

Looking to the futureThe Labor Department’s March jobs report due out on Friday is expected to show employers added 180,000 payroll jobs during the month, including 157,500 private-sector workers, according to FactSet consensus estimates.

Late Monday, the clothing brand PVH (PVH) plunged nearly 20% in after-hours trading. PVH stock hit multi-year highs on Monday.

Additionally, key profit drivers this week include Levi Strauss (Levi) and payroll providers Paycheck (Alipay).


Check out IBD’s new risk levels to help you keep up with market trends


Today’s stock market

On Monday, the Dow Jones Industrial Average fell 0.6% and the S&P 500 fell 0.2%. The tech-heavy Nasdaq rose 0.1%.

between Seven major stocks, letter (Google) was the biggest winner, rising 3% and breaking through the 153.78 buy point.

Finally, the Dow Jones Tech Icon apple (AAPL) and Microsoft (Microsoft Corporation) end mixing in today’s stock marketof which Apple fell 0.9% and Microsoft rose 0.9%.

letter, Arista Networks (Arnett), Draft king (East Ken NG) and Immediate service (Now) — plus Dow Jones constituents disney (DIS), International Business Machines Corporation (International Business Machines Corporation) and Verizon Communications (Wiz) – is one of the most noteworthy companies on the stock market today.

ServiceNow featured here Stocks near the buy zone bar.


IBD’s latest newsletter, MarketDiem, gives you actionable ideas on stocks, options, and cryptocurrencies right in your inbox


Dow Jones Today: Oil Prices, Treasury Bond Yields

Before the opening bell on Tuesday, Dow Jones futures were down 0.3% and S&P 500 futures were down 0.1% relative to fair value. Futures on the tech-heavy Nasdaq 100 index fell 0.2% relative to fair value. Keep in mind that overnight moves in Dow Jones futures and S&P 500 futures elsewhere will not necessarily translate into actual trades during the next regular stock market trading session.

On Monday, the 10-year U.S. Treasury yield rose to 4.32%. Oil prices rose, with West Texas Intermediate futures settling below $84 a barrel.


Get real-time buy and sell alerts from stock market leaders with the IBD Rankings


Stock market rebound: What to do now

Now is an important time to read IBD’s Big Picture Column, as the stock market outlook confirms an upward trend.Following Monday’s move, be sure to check out The big picture today for updated exposure level.

A great resource for daily breakthroughs is IBD MarketSurge “Today’s Outbreak” list. Market surge 250 Stocks that break new buying points, such as Google stock. Meanwhile, MarketSurge’s “Near Pivot Points” list shows the stock is close to a bottom buy point.

To find more stock ideas, check out IBD stock list like IBD50, Market 20 and Stocks approaching the buy zone.These features identify bullish patterns and buy points and can be checked on a daily basis.

Dow Jones: Disney, IBM, Verizon

Disney Breaks 112.92 for Large Cup Base with Handle buy some According to reports, in recent weeks IBD market surges graph analysis. Despite falling 0.7%, shares closed outside buy range.

IBM stock remains below its flat bottom of 196.90, down 0.6% on Monday. The stock is trying to find support near its 50-day moving average.

Telecommunications giant Verizon is establishing a cup bottom with a 43.21 entry as the stock rebounds bullishly from its 50-day line.


4 Growth Stocks to Watch Stock market rebounds


Google Stock Breakout

Google parent company Alphabet broke through a 153.78 buy point during consolidation, and the stock rose 3% on Monday.

Arista shares return to flat bottom at 292.66 buy someaccording to market surge It rose 3.4% on Monday.

last week, Draft king It fell below the 46.52 buy point during the short-term consolidation. The sports betting giant fell further below that buy point on Monday, falling 1%.

Finally, ServiceNow is trying to regain its 50-day moving average on a two-day winning streak. Shares are establishing a flat base with an entry point of 815.32.


Learn how to time the market with IBD’s ETF market strategy


Stocks to Watch

These are four stocks that are in or near buy territory in the stock market today.

Company Name symbol The right buying point Point of purchase type
disney (DIS) 112.92 cup with handle
Arista Networks (Arnett) 292.66 flat base
Draft king (East Ken NG) 45.62 merge
Immediate service (Now) 815.32 flat base
Source: IBD data as of April 1, 2024

Join IBD experts on IBD Live to analyze the leading stocks rising in the current market


Top 7 Stocks: NVIDIA

One of the seven largest stocks, Nvidia shares edged higher on Monday, remaining at recent lows.This artificial intelligence giant is a IBD Ranking Stocks.

Shares remain slightly below the all-time high reached on March 8.

Dow Jones Index leaders: Apple, Microsoft

among Dow Jones Stocks Among the Big Seven, Apple and Microsoft trade mixed Monday’s stock market trends.

Apple shares fell 0.9% on Monday, back near recent lows. Shares remain well below the 200-day moving average.

Microsoft shares ended a five-game losing streak on Monday and rebounded 0.9%, with the software giant just off a new high.

Be sure to follow Scott Lehtonen on X/Twitter: @IBD_SLehtonen Learn more about growth stocks and the Dow Jones Industrial Average.

You might also like:

Top Growth Stocks Worth Buying and Watching

Learn how to time the market with IBD’s ETF market strategy

Find the best long-term investments with IBD’s long-term leaders

MarketSurge: Research, charts, data and guidance in one place

How to Research Growth Stocks: Why This IBD Tool Can Simplify Your Search for Top Stocks





Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button