Stock market sees futures falling, inflation data awaited, tech stocks strong; cautious outlook
From Investor’s Business Daily: 2024-07-07 19:31:00
Dow Jones futures and Bitcoin fell, inflation data expected this week, JPMorgan and other banks begin earnings season. Stock market rally saw S&P 500 and Nasdaq hit highs, Tesla surged, French elections favor left-wing New Popular Front. Fed chief Powell testifies before Congress, rate cuts expected. Stocks like Meta Platforms, Palantir, ASML in buy zones. Nividia, growth stocks in strong positions. ETF market strategy highlights Tesla, Nvidia, Meta, Palantir, ASML stocks. Market trends indicate need for caution despite bullish trend. Earnings season and inflation data key market drivers. Stay updated with market movements and leading stocks.
Read more at Investor’s Business Daily: Dow Jones Futures Fall: Stock Market Risks Rise As Fed Chief Powell Looms; Tesla, Palantir Strong