The Dow Jones Industrial Average sold 360 points Monday morning, extending sharp losses in the stock market on Friday. Twitter stock jumped after that newscast Tesla CEO Elon Musk said the company is close to striking a deal. Coca-Cola stock in Dow Jones was the main driver of earnings on Monday morning.
X
Twitter (TWTR) jumped 4% after Friday’s 3.9% gain. Bloomberg mentioned He could finalize the deal as early as Monday. electric car giant Tesla (TSLA) slipped 3% on Monday morning.
between the Dow Jones LeadersAnd apple (AAPL) And Microsoft (MSFT) both decreased by about 1% in Stock market today.
Amid a new correction in the stock market, the leader of Dow Jones American Express (AXP) – along with IBD Leaderboard stock LPL Financial (LPLA), Expedia (EXPE), Raytheon Technologies (RTX) And coincidence (shill) – Among the top stocks to watch on Monday.
Microsoft and Tesla IBD Leaderboard Stores. Caterpillar and Edwards Live Science appeared In this week Stocks near the buying area pole. It was Expedia Today’s stock from IBD.
Dow Jones today: Treasury yields and oil prices
After opening on Monday, the Dow Jones Industrial Average is down 1%, while the S&P 500 is down 1.1%. The Nasdaq pared its losses to 0.5% in morning trading.
within Exchange Traded FundsNasdaq 100 Invesco QQQ Trust Tracker (QQQ) lost 0.7%. SPDR S&P 500 ETF (spy) decreased by 0.75%.
The 10-year Treasury yield fell to 2.81% on Monday after closing at 2.91% on Friday. Last week, the 10-year Treasury yield reached its highest level since December 2018. Meanwhile, US oil prices are down about 5%, with Texas Intermediate crude trading above $97 a barrel.
New stock market correction
On Friday, the stock market closed sharply lower, as major stock indices sold out with heavy losses.
friday big picture The column commented, “After moving away from the 200 EMA on Thursday, the S&P 500 is down 2.8%, breaking Monday’s low. Index remains holding above the March 16 level Follow-up day Low, but the weak action was enough to change market expectations for IBD into a market correction.”
If you are new to IBD, consider taking a look at stock trading system And CAN SLIM Basics. Distinguish chart patterns It is one of the key investment guidelines. IBD offers a wide range of Stock Growth ListsLike leaderboard And SwingTrader.
Investors can also create watch lists, and find companies that approach buy pointsor develop custom screens in IBD Market Smith.
Five Dow Jones stocks to watch right now
Dow Jones earnings: Coca-Cola
Dow Jones stock coca cola (KO) reported better-than-expected first-quarter earnings results on Monday morning, as shares rose 2.6% in early morning trading.
KO shares closed on Friday about 13% above 57.66 buying points on a flat base.
Dow Jones Buy & Watch: American Express
Dow Jones Financials American Express stock Friday ended about 7% off a cup with 194.45 buying points after the company’s first-quarter earnings results. AXP shares were down 0.8% Monday morning.
Four growth stocks to watch at Cursstock market correction
Stocks to watch: LPL, Expedia, Raytheon, Shell
IBD Leaderboard LPL Financial stock remained above the 191.08 buy point in a cup with a handle, but the double-digit gains faded during a three-day losing streak. On April 21, stocks rose 15.5% above the entry level, which means the stock is close to activating the back-and-forth sell-off, according to IBD Market Smith Graph analysis. LPLA shares were down 1% Monday morning.
Today’s stock from IBD, Expedia, Build Mug with Handle, priced at 204.08 points. Stocks are trying to recover the 50-day line, but are facing some problems at this key resistance level. EXPE STOCK 90 out of the 99 IBD rating shows the ideal compound, for every IBD stock check. Shares of Expedia were down 0.4% early Monday.
Defense contractor Raytheon Technologies has abandoned a flat base 104.44 pips long after sharp losses last week. RTX shares are down more than 1% Monday morning. Raytheon announced its earnings on April 26.
Oil and gas producer Shell is down from a buy point of 56.23 flat base after Friday’s drop of 2.15%. Shell shares fell more than 3% Monday morning.
Tesla Stock
Tesla shares slid 3% on Monday morning, threatening to extend Friday’s 0.4% decline.
Shares of the EV giant closed Friday about 13% from the handle cup’s buying point of 1,152.97. The stock traded as high as 1,243.49 on November 4th and is about 19% off its all-time high.
Dow Jones Leaders: Apple and Microsoft
within Dow Jones stockApple shares launched 7%-8% loss reduction base From 176.75 long pips in a double bottom base in recent weeks. Apple stock fell below the 50-day line on Friday and may be preparing to test the long-term 200-day line. The stock was down 1% Monday morning.
Software leader Microsoft sold 2.4% on Friday, down from the 50 and 200 lines on Friday. The stock is more than 20% off its 52-week high. MSFT shares fell 0.8% early Monday.
Apple and Microsoft announce earnings this week.
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
“Typical beer advocate. Future teen idol. Unapologetic tv practitioner. Music trailblazer.”
More Stories
JPMorgan expects the Fed to cut its benchmark interest rate by 100 basis points this year
NVDA Shares Drop After Earnings Beat Estimates
Shares of AI chip giant Nvidia fall despite record $30 billion in sales