Dow Jones index rises with Apple Nears Point purchase; Tesla competitor skates on profits

The Dow Jones Industrial Average rose Friday morning, looking to add to solid gains on Thursday, as the emerging stock market’s recovery boosted. Treasury yields continued to rise, while US oil extended losses to trade around $110 a barrel.




X



Before opening on Friday, Tesla competitor New (NIO) I reported a bigger loss than expected for the fourth quarter, while revenue growth slightly exceeded estimates. Nio shares are down 7% in morning trading. On Thursday, the stock finished 60% off its 52-week high.

Tesla (TSLA) was up 0.2% early Friday, adding to Thursday’s gain.

in between Dow Jones stockAnd the an Apple (AAPL) lost 0.3% and Microsoft (MSFT) decreased by 0.1% in Stock market today. United Health (United nations), a Dow Jones stock to watch, ended Thursday in a buying range after the latest breakout.

Amidst the strong uptrend of the stock market, IBD Leaderboard Inventory Arista Networks (Network), from Broadcom (AVGO), Alpha and Omega Semiconductors (AOSL), GlobalFoundries (GFS) And the CVS Health (CVS) is among the biggest stocks to buy and watch on Friday.

Arista, Microsoft and Tesla IBD Leaderboard Stores. It was Arista too Stock pick on Tuesday from 50 IBD to watch. and Broadcom was featured In this week Stocks near the buying area vertical.

Dow Jones today: Treasury yields and oil prices

After the market opened on Friday, the Dow Jones Industrial Average rose 0.2%, while the S&P 500 gained 0.15%. The heavy Nasdaq Composite Index rose in morning trading.

in between Exchange Traded FundsNasdaq 100 Invesco QQQ Trust Tracker (QQQ(Slightly higher, SPDR S&P 500 ETF)spy) was up 0.2% after Friday’s open.

See also  A turbulent month for markets with the war between Russia and Ukraine

The 10-year US Treasury yield rose to 2.39% on Friday after Thursday’s close of 2.34%. US oil prices extended losses on Friday morning, with West Texas Intermediate crude trading below $110 a barrel.

The United States pledged to LNG shipments increase to Europe, as the European Union seeks to reduce its dependence on Russian natural gas. The United States aims to ship 50 billion cubic meters of liquefied natural gas to Europe annually until at least 2030, officials said Friday, up from the record 22 billion cubic meters of liquefied natural gas it bought from the United States last year.

stock market rise

The stock market posted solid gains on Thursday, with the Nasdaq Composite Index up nearly 2%. For more daily stock market commentary, check out IBD The Big Picture vertical.

Thursday the big picture The column commented, “Giant chip and IBD Leaderboard Nvidia stock joined the rally, rising nearly 10%. According to the leaderboard’s comment, Nvidia has been lifted to a three-quarter size position after it crossed a trendline entry point at 272.38 and action could be taken as high as 286.”

If you are new to IBD, consider taking a look at stock trading system And the CAN SLIM Basics. Distinguish chart patterns It is one of the key investment guidelines. IBD offers a wide range of Stock Growth ListsSuch as leaderboard And the SwingTrader.

Investors can also create watch lists, find companies near a profile buy pointor develop custom screens in IBD Market Smith.


Four Dow Jones stocks worth watching right now

See also  General Motors sells stake in electric vehicle startup Lordstown Motors

Dow Jones Buy & Watch: UnitedHealth

Managed care giant UnitedHealth shows a 500.10 point of purchase with a handle insert on a double-bottomed base. Stocks were held in a buying range above that entry after Thursday’s 2% gain. UN shares were flat early Friday.

bullish, stock Relative force line It is approaching new highs, indicating a significant outperformance in the stock market.


Four growth stocks to watch at Cursstock market rally


Stocks to buy and watch: Arista, Broadcom, GlobalFoundries, CVS

IBD SwingTrader Arista Networks stock is in a buying range after a double bottom 133.97 buy pips after Thursday’s 4.9% advance. The stock gained 0.1% early Friday.

Chip giant Broadcom advanced 4.5% Thursday, topping the early entry at 614.74. Arrows move up the right side of New cup base. cup base Suitable point of purchase It is 677.86. AVGO stock is up 0.3% on Friday morning.

according to IBD Market Smith Graph analysis. Shares of AOSL rose 0.3% early Friday.

IPO last week week stock, GlobalFoundries, is back above 73.35 cup base buying points following a gain of nearly 9% on Thursday. The buying zone rose to 77.02. GFS stock is up 1.4% on Friday morning.

Last IBD stock today CVS Health continues to build a profile flat base With 111.35 buy points. CVS shares are down nearly 1% on Friday morning.


Join IBD experts as they analyze the leading stocks in the current stock market rally on IBD Live


Tesla Stock

Tesla stock It rose 0.2% early Friday, looking to extend its eight-day winning streak. Stocks decisively retraced the 50-day line this week, moving up to the right side of the base of the cup containing 1,208.10 buy points. Be on the lookout for a potential handle to present a riskier buying point.

See also  Twitter is ready to force Elon Musk to honor a $44 billion bid

The stock traded as high as 1,243.49 on November 4, but on Thursday closed about 18% from its all-time high.

Dow Jones Leaders: Apple and Microsoft

in between Dow Jones stockApple shares rose 2.3% on Thursday, extending their winning streak to eight sessions. The stock rose again above the 50-day line and is approaching a buy point at 176.75, a double bottom. AAPL stock was down 0.3% early Friday.

Software leader Microsoft advanced 1.5% Thursday, as stocks retraced their 200-day streak. Microsoft shares lost 0.1% on Friday morning.

Make sure to follow Scott Lehtonen on Twitter at Tweet embed Learn more about developing stocks and the Dow Jones Industrial Average.

You may also like:

Top growth stocks to buy and watch

Learn how to time the market with IBD’s ETF Market Strategy

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

MarketSmith: Research, charts, data, and training in one place

How to Find Growth Stocks: Why the IBD Tool Simplifies the Search for the Top % Stocks

Leave a Reply

Your email address will not be published.