Dow Jones Today, Stocks Wobble Ahead Of Powell Testimony; Bitcoin Dives; Splunk, CrowdStrike Rally - Investor's Business Daily

And on the Dow Jones today, Microsoft climbed past a buy point.

The Dow Jones Industrial Average dipped 0.3%, while the S&P 500 fell 0.1% lower on the stock market today.

At the top of the S&P 500, Etsy (ETSY) surged 1.8%, taking another run at resistance at its 10-week moving average.

The advance placed the stock just below a 251.38 buy point in a 19-week consolidation.

Tuesday's gain lifted Microsoft stock past a 263.29 buy point from a shallow cup base.

And the bases all have enjoyed support above their 50-day/10-week moving average, making for a bullish chart.

Apple stock has spent the past six sessions back above support at its 50-day moving average.

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Treasury yields are caught in their first four-week decline since July 2020, after facing firm resistance at their 50-day moving average.

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The S&P 500 retook both its 50-day and short-term 21-day moving average in a powerful move on Monday.

The third such affirming punch since mid-June, it left the composite 2.6% above its 50-day line and just a fraction off Thursday's record high.

For more detailed analysis of the current stock market and its status, study the Big Picture.

The index is less than 1% below its 50-day moving average — an easy jump if the market is in rally mode.

The rebound by the S&P Smallcap 600 left that index just even with its 50-day line.

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The Dow Jones gained as Microsoft stock passed a buy point

The Dow Jones gained as Microsoft stock passed a buy..

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