From Investors Business Daily: 2024-03-27 23:36:00

The stock market rally saw modest-to-solid gains on major indexes, with small caps leading the charge. However, growth stocks like Nvidia, Arm Holdings, and DraftKings struggled. Despite pullbacks, many growth names remain above key support levels. Eli Lilly, East West Bancorp, and Norwegian Cruise Line are setting up in buy zones. Dow Jones futures were flat, S&P 500 futures and Nasdaq futures unchanged. Fed Gov. Christopher Waller stated there’s “no rush” to cut rates amid inflation uncertainty. AI and tech stocks faced pressure, while energy, financials, and consumer plays showed strength. Long-term investors should remain diversified and alert for potential setups.



Read more at Investors Business Daily: Dow Jones Futures: Small Caps Jump As Nvidia, Growth Leaders Skid