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Dow Jones Futures: Powell Comments Hit Market; 4 Tech Giants Near Buy Points, While Tesla Retakes Key Level - Investor's Business Daily

Dow Jones Futures: Powell Comments Hit Market; 4 Tech Giants Near Buy Points, While Tesla Retakes Key Level - Investor's Business Daily

Apr 12, 2021 1 min, 46 secs

Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were slightly higher late Monday.

Tesla stock jumped on an analyst upgrade, while tech giants Nvidia, Square, Uber and Twitter are approaching new buy points.

The S&P 500 moved down less than 0.1%, while the Dow Jones Industrial Average traded down 0.2%.

Among the Dow Jones leaders, Apple (AAPL) declined 1.3% Monday, while Microsoft (MSFT) edged higher in today's stock market.

Tesla (TSLA) jumped 3.7% Monday, rebounding from Friday's 1% fall.

Among the top stocks to buy and watch, IPO leader Roblox (RBLX) broke past an early buy point Monday, while Nvidia (NVDA), Square (SQ), Twitter (TWTR) and Uber Technologies (UBER) are approaching new entries.

Boeing and Microsoft are IBD Leaderboard stocks, while Uber is an IBD SwingTrader stock.

After the stock market close Monday, Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were up less than 0.1% vs.

Amid the current stock market rally, the Dow Jones Industrial Average and S&P 500 climbed to new high ground on Friday before easing Monday.

Inside the Dow Jones Industrial Average, Boeing is back in buy range above a 244.18 buy point in a cup base.

The stock jumped over 3% Monday after Uber reported record gross bookings for March, signaling a pickup in demand for its ride-hailing business.

Tesla stock raced 3.7% higher Monday after Canaccord Genuity's Jed Dorsheimer upgraded Tesla stock to buy and boosted his price target to 1,071, one of the highest on Wall Street, from 419.

25, Tesla stock hit a record high at 900.40, after climbing as much as 93% from a 466 buy point in a cup with handle.

Among the top Dow Jones stocks, Apple fell 1.3% Monday, snapping its seven-day win streak!

18, Apple stock triggered the 7%-8% loss-cutting sell rule when it fell more than 7% below its 138.89 buy point in a cup with handle.

Be sure to follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones Industrial Average.

The stock market didn't move much Monday after bullish weekly gains for the Dow, S&P 500 and Nasdaq last week...

The stock market didn't move much Monday after bullish weekly..

Summarized by 365NEWSX ROBOTS

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