Dow Jones Near Highs As Inflation Reports Loom; Taiwan Semi In Buy Zone

From Investor’s Business Daily: 2024-05-10 22:34:00

Dow Jones futures, along with S&P 500 and Nasdaq futures, will open Sunday evening. Inflation data will be important in the coming week as the stock market rally continues, with key indexes moving towards record highs. Nvidia and Taiwan Semiconductor stocks broke out Friday on strong sales, while Tesla tumbled. Inflation reports will be key this week, with the producer price index due Tuesday and consumer price index on Wednesday. Various stocks, including JPMorgan, Walmart, and Applied Materials, are set to report earnings. The market rally has been broad-based, with numerous sectors showing strong performance. Make sure to stay updated with the latest market news and trends.



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