Dow Jones Futures Fall: Nvidia Slides On CEO Speech; Google, Tesla Surge Ahead Of Fed
From Investor’s Business Daily: posted March 18, 2024
Dow Jones, S&P 500, and Nasdaq 100 futures were lower as Nvidia stock fell after CEO’s keynote at the GTC conference. StoneCo shares plunged in extended trade, with upcoming earnings reports from KB Home, Micron Technology, Nike, Ollie’s Bargain Outlet among others. The Federal Reserve’s two-day meeting is in focus, with interest rate decision expected on Wednesday. Google and Tesla rallied on Monday, along with Apple and Microsoft. Arista Networks, Duolingo, Dexcom, XP, Disney, IBM, Procter & Gamble are among the best stocks to buy now. Novo Nordisk, Merck, DraftKings, and Spotify are recommended buys.
Tesla stock surged 6% while remaining below long-term moving averages. Apple and Microsoft stocks saw gains, with Apple reaching a new high. Scott Lehtonen provides insights on growth stocks and the Dow Jones Industrial Average. Top growth stocks to watch include Novo Nordisk, Merck, DraftKings, and Spotify, with expert analysis available on IBD Live for investors to follow. Learn how to time the market with IBD’s ETF Market Strategy and find the best long-term investments with IBD Long-Term Leaders for research, charts, data, and coaching in one place.
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