Dow Set to Open Up
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13h
Investor's Business Daily on MSNStock Market Today: Index Gains Fade, Dow Jones Index Dips As This Bill Ackman Holding Shines; Alphabet Rises (Live Coverage)
The Dow Jones index rose on the stock market today as Verizon and Cleveland-Cliffs climbed after quarterly results. Apple and Nike also shined.
From the technical point of view, SP500 settled above the resistance at 6280 – 6290 and is heading towards the 6350 level. A move above this level will open the way to the test of the 6400 level. RSI remains in the moderate territory, so there is plenty of room to gain momentum in the near term.
U.S. stock indexes inched their way to more records Monday to kick off a week full of profit updates from big U.S. companies.
21h
Investor's Business Daily on MSNDow Jones Futures Rise, AI Stock Extends Breakout; Tesla, Google Earnings Due
The stock market is at highs thanks to Nvidia and AMD, but getting a little stretched. Tesla and Google are on tap. AI stock Astera kept running.
Eastern Time, the S&P 500 was 0.6% higher, the Dow Jones Industrial Average was up 0.5%, and the Nasdaq Composite was adding 0.7%.
This was the stock's fourth consecutive day of gains.
The Dow Jones Industrial Average slipped on Friday (July 18) amid reports that US President Donald Trump is pushing for higher tariffs on the European Union. The 30-stock index fell 142 points, or 0.3%.
Block (XYZ) stock surged as much as 8.9% in Monday morning trading after S&P Dow Jones Indices said it will add the Cash App parent to the S&P 500 Index, replacing Hess (HES), which is set to be acquired by Chevron.
The stock's fall snapped a three-day winning streak.
US stock futures edged higher on Monday (July 21) as investors monitored trade developments and looked ahead to major tech earnings set to begin this week. Futures on the Dow Jones Industrial Average rose 94 points,