Dow Jones Futures: S&P 500 Holds, Toast Leads 5 New Buys; Robinhood, Arm Are Earnings Movers Late

From Investor’s Business Daily: 2024-05-08 20:22:00

Dow Jones, S&P 500, and Nasdaq futures remained steady overnight. Several companies, including Arm Holdings, AppLovin, and Robinhood, reported earnings. The stock market had a quiet session, with some growth stocks performing well. Earnings reports from companies like Duolingo, AppLovin, and Robinhood impacted stock movements. Early earnings reports from companies like Constellation Energy and GigaCloud Technology were due on Thursday. ETFs saw mixed movements, with some growth ETFs falling and others rising. Overall, the market rally showed constructive action, with stocks flashing buy signals. Investors should continue monitoring market direction and leading sectors.



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