Monday , November 29 2021

Dow Jones Futures Fall; Tesla Stock Spikes to Buy Fields at S&P 500 Nod | Investor Business Daily



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The Dow Jones futures and the S&P 500 futures fell slightly late Monday, while the Nasdaq futures were higher. Tesla (TSLA) jumped from one day to the next when it learned it would join the S&P 500 index next month. Tesla shares are gaining a lot of buying points.




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Modern (MRNA) news of the coronavirus vaccine boosted the stock market rally on Monday with the Dow Jones Industrial Average, while the S&P 500 and Nasdaq compounds also had strong gains.

Dow Jones Stocks profits at Walmart, Home Depot

Dow Jones shares Walmart (WMT) and Home storage (HD) reported gains early Tuesday. Shares of Walmart rose 1.3% to 152.44 on Monday, reaching a high, with the giant discount taking up most of its sales in Japan’s Seiyu unit. WMT shares cleared the official buying point of 151.43, but may have a better 146.70 entry.

Home Depot stock rose 0.9% to 279.57 on Monday. The housing improvement giant will buy a distributor of industrial supplies HD supply (HDS), his first unit. The shares are close to the 293.05 buy point.

However, investors may prefer it Goal (TGT) and Lowe’s (LOW) to Walmart and Home Depot, respectively. These two big box stores are also reporting profits this week.

Tesla shares are in the IBD classification.


Why this IBD tool simplifies the search for major stocks


Dow Jones Futures Today

The Dow Jones futures fell 0.3% against fair value, while the S&P 500 futures lost 0.3%. The Nasdaq 100 futures rose in part. Tesla stock is boosting the Nasdaq 100 future, but not yet the S&P 500 future.

Remember that night stocks in the future and elsewhere in the Dow do not necessarily become a real trade in the next regular trading session.


Join the IBD experts on the stock market rally while they discuss the possibilities of trading on the stock market on IBD Live.


News about coronavirus

Coronavirus cases worldwide reached 55.34 million. Covid-19 deaths totaled 1.33 million.

There have been 11.53 million coronavirus cases in the U.S. and more than 252,000 deaths.

There are more than 162,000 new Covid cases in the U.S. so far on Monday. There have been 100,000 coronavirus cases in the U.S. every day since Election Day, Nov. 3. California is stepping up restrictions in more parts of the state because Los Angeles County is already there. Several state and city restrictions are tightening as cases and hospitalizations increase.

Modern (MRNA) said early Monday that the coronavirus vaccine was 94.5% effective. That came after that Pfizer (PFE) and BioNTech The association (BNTX) said on November 9 that the Covid vaccine is more than 90% effective. However, the Modern coronavirus vaccine can be stored at normal cooling temperatures. The Pfizer / BioNTech vaccine should be kept at very low temperatures.

Pfizer and BioNTech will report on Covid vaccine safety data in the coming days, followed by Moderna. After that, the two coronavirus vaccines can go to the FDA to apply for emergency approval. At best, both vaccines are approved with millions of Americans vaccinated by the end of the year.

Modern stock fell nearly 10% on Monday. Shares rose 23% last week in the hope that the Modern Vaccine would be as effective as Pfize’s.

BioNTech stocks fell 14%, eliminating almost all of the previous week’s 15% jump.

Pfizer stocks fell 3.3%. Shares rose 6% last week, but were never bought after closing above the point.

Stock Market Monday

An overview of the US stock market today

Index Symbol Price Win / Lose Change
Dow Jones (0DJIA) 29952.22 +472.41 +1.60
S&P 500 (0S & P5) 3627.13 +41.98 +1.17
Nasdaq (0NDQC) 11924.13 +94.84 +0.80
Russell 2000 (Etc.) 177.52 +4.02 +2.32
IBD 50 (FFTY) 37.96 +0.35 +0.93
Last updated: 16:04 ET ET 11/16/2020

The Dow Jones led the stock market rally on Monday, and shares of the real economy benefited from the coronavirus vaccine.

The Dow Jones Industrial Average rose 1.6% on Monday. The S&P 500 index rose 1.2%. The Nasdaq compound rose 0.8%.

Growth stocks came out well. Among the best ETFs, the innovative IBD 50 ETF (FFTY) garnered almost 1%. IShares Expanded Tech-Software Sector ETF (IGV) fell 0.1% from home to work. The VanEck Vectors Semiconductor ETF (SMH) jumped 2.8%.

Read the main picture every day to keep in sync with the direction of the market and the major stocks and sectors.

Tesla Stock

With high hopes, the Tesla stock will join the S&P 500 before opening on Monday, December 21, according to the S&P Dow Jones Indices. The shares could be added at the same time in two parts ending on the balancing date due to Tesla’s large market cap. Tesla stock will replace the unnamed S&P 500.

Shares of Tesla rose 13% to a massive nightly volume of 461.92. This represents a move above the 50-day moving average and the last-day moving average of 452.50 last week. This can encourage aggressive investors to buy TSLA shares. Tesla’s official point of purchase is 466.

In Monday’s session, Tesla’s shares were extra calm, falling 0.1% to 408.09% in modest action.

It’s usually a good idea to wait a few minutes after opening to see if the early action will last. Seeing the sheer volume from one day to the next, Tesla’s stock trading will be huge to start Tuesday’s session.

Please follow Ed Carson on Twitter @IBD_ECarson to get stock market updates and more.

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