From Investor’s Business Daily: 2024-05-09 22:53:13

Dow Jones futures, S&P 500 futures, and Nasdaq futures saw slight increases overnight. Nvidia and Taiwan Semiconductor will announce sales data on Friday. The stock market rally continued on Thursday with the Dow Jones rising for a seventh straight session. Leading stocks showed bullish action, with Nvidia working on a possible handle. Chip companies like Broadcom, Applied Materials, and KLA Corp are close to buy points. Tesla stock fell, while BYD, a Tesla rival, is in a buy area. ETFs like ARKK, XME, and PAVE made notable moves. Nvidia, Taiwan Semiconductor, and ALAB are on the IBD Leaderboard. Watch the market closely for potential opportunities.



Read more at Investor’s Business Daily: Dow Jones Futures Rise; Nvidia Chipmaker Taiwan Semi On Tap With 5 AI Stocks Near Buy Points