From Investor’s Business Daily: 2024-05-11 22:24:00

Dow Jones, S&P 500, and Nasdaq futures set to open Sunday evening. Inflation data crucial for the upcoming week after stock market rally. Nvidia, Taiwan Semiconductor show strong growth fueled by AI chip demand. JPMorgan, Martin Marietta also make gains. Tesla struggles, dropping below key support. Walmart, Applied Materials, Sea, and Alibaba report earnings this week. Inflation reports important, with producer price index on Tuesday and consumer price index on Wednesday. Market rally continues with Dow, S&P 500, and Russell 2000 advancing. Various sectors see growth, Treasury yield rises slightly. Growth ETFs like IGV, SMH, XME, PAVE, JETS, XHB, XLE, XLV, XLI, and XLF show gains. ARK Innovation ETF tumbles, while TSM, Nvidia, Broadcom, JPMorgan, and Martin Marietta see positive movement. Tesla faces challenges with declining sales and aging lineup. Investors advised to monitor market trends, review holdings, and watch for potential new opportunities.



Read more at Investor’s Business Daily: Dow Jones Futures: Inflation Reports Loom; Taiwan Semiconductor Leads 5 Stocks Near Buy Points