Dow futures are falling ahead of the Fed, Apple’s earnings report, and the jobs report

Dow futures fell ahead of Tuesday’s open, with the Federal Reserve’s two-day monetary policy meeting kicking off in Tuesday’s wake. c. B. Morgan ChaseJPM purchase failed First Republic Bank (FRC). while, apple (AAPL) earnings Thursday, with the April jobs report due on Friday.


late Monday, Arista Networks (network), CF Industries (CF), Diamondback Energy (FANG), Lattice semiconductors (LSCC), MGM Resorts (MGM), NXP Semiconductor (NXPI) f Vertex Pharmaceuticals (VRTX) is on the move after earnings.

Arista shares fell 3.6% in extended trading despite the company’s better-than-expected first-quarter earnings and sales results. CF Industries was quiet after its earnings report.

FANG stock fell 2% after first-quarter results, while Lattice shares rose 0.5% after a strong earnings report.

MGM stock jumped 1.5% and is set to move higher above 45.09 cups with an entry handle. Finally, Vertex shares fell more than 2% after hours. They finished the regular session trading outside of a buy range on Monday, well above the 325.29 cup entry rule.

Fed meeting to start

The main focal point this week is the Fed’s two-day meeting, which will conclude with a policy decision on Wednesday afternoon. As of Monday, markets are overwhelmingly anticipating a rally in the week ahead and seeing odds for another June at just under 30%, according to the CME FedWatch Tool.

If the Fed chooses to forgo a rate hike on Wednesday, amid bank frailties and signs of economic and labor market weakness, markets will probably celebrate — at least for a while. Rising and announcing a pause at more highs can also trigger a surge. The third option, to take a long walk and keep an extra June rally on the table, probably won’t sit well with Wall Street.

stock market today

On Monday, the Dow Jones Industrial Average fell 0.1%, with JPMorgan one of the biggest gainers. JPM stock rose 2.1%. The S&P 500 fell, while the Nasdaq Technology Composite lost 0.1%.

EV Commander Tesla (TSLA) fell 1.5% on Monday. Among Dow Jones stocks, apple (AAPL) decreased slightly and Microsoft (MSFT) lost 0.55% in stock market movement today.

InMode (INMD), IBD Leaderboard stock Las Vegas Sands (LVS), Arista Networks, and Packer (PCAR) – as well as shares of Dow Jones JPMorgan Chase, Nike (from f visa (V) – Among the top stocks to watch in the now struggling stock market.

JP Morgan has appeared in the stocks column near the overbought zone this week. InMode was one of the last IBD stocks for the day. Paccar received a close analysis of IBD stock on Thursday.

4 growth stocks to buy and watch in Cursstock market rally

Dow Jones Stock Futures Today: Oil Prices and Treasury Yields

Before the opening bell on Tuesday, Dow Jones futures, along with S&P 500 and S&P 100 futures, were down nearly 0.1% against fair value in overnight trades. Remember that overnight action in Dow Jones futures and elsewhere does not necessarily translate into actual trading in the next regular stock market session.

The 10-year US Treasury yield jumped to 3.57% on Monday. Since early April, the 10-year yield has rebounded from its lowest level since mid-September. US oil prices fell on Monday, with West Texas Intermediate crude futures settling at just under $76 a barrel.

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What to do in the stock market

Now is an important time to read IBD’s Big Picture column with the stock market heading into an “Uptrend Under Pressure”.

Amid Monday’s slight loss, the market outlook remains “bullish under pressure,” meaning investors should be more on the defensive than aggressively buying spinoffs. The recommended exposure for IBD currently lies at 20% to 40%.

Two useful lists from IBD MarketSmith to check out right now are “Breaking Out Today” and “Near Pivot”. The latter shows stocks approaching buy points in the bases, while other sponsor stocks rise past buy points during the session.

To find more stock ideas, check out our listings for IBD stocks, such as the IBD 50, Big Cap 20, and Stocks Near the Buy Zone. These features identify bullish patterns and buy pips and should be checked every day.

Learn how to time the market with IBD’s ETF market strategy

Dow Jones Stocks to Buy and Watch: JPMorgan, Nike, Visa

JPMorgan shares rose 141.88 buy points, but closed below Monday, up 2.1%, according to IBD MarketSmith pattern recognition.

Shares of Nike rose 0.95% Monday, topping the 127.59 buy points for the cup with handle.

Visa shares remain in a buy range above 230.15 kopecks with a buy point handle. The buying range rises to 241.66.

Best stocks to buy and watch: InMode, Paccar

InMode ended Monday 38.48 points away from buying a cup with handle, up 0.9%, according to IBD MarketSmith.

Backstory: The company makes non-surgical pads that tighten skin and obliterate fat cells. She also transitions into the field of women’s health with her gynecology offerings. UBS analyst Danielle Antalfi says InMode provides a low-cost alternative to traditional plastic surgery.

Paccar is finding support around the 50-day line, as stocks extended their winning streak into three sessions on Monday. The stock is approaching a buy point of 76.82 for the flat base, with an early entry at 75.83 as well.

Backstory: The maker of heavy-duty semi-trucks topped first-quarter estimates Tuesday, posting a 96% rise in profit. At CES 2022, Paccar demonstrated both connected and autonomous trucks. The company behind the Kenworth, Peterbilt and DAF nameplates showed off three cars.

Arista Networks, Las Vegas Sands

Arista Networks is building a flat base with 171.54 buy points, where it finds support around the 50 day line. Earnings came in late Monday and ANET stock fell more than 3% in extended trading.

background storySanta Clara, California-based Arista sells computer network switches that speed connections between racks of computer servers packed into “super-border” data centers. These Internet data centers are designed to increase computing power when demand increases.

IBD Leaderboard Las Vegas Sands moved out of its buying range 5% above 60.40 buy in a cup with handle, as LVS stock rose 1.5% Monday. It topped the buy zone at 63.42. Macau officials said Monday that gaming revenue in April rose 450% year-on-year to reach a three-year high.

background storyIn recent weeks, Las Vegas Sands has smashed first-quarter earnings forecasts and pointed to a “strong recovery” in China’s Macau gaming hub. The casino stock posted earnings of 28 cents per share, up from a loss of 40 cents per share a year ago. Revenue jumped 125% to $2.12 billion.

Join IBD experts as they analyze the leading stocks of the current stock market rally on IBD Live

Tesla stock

Tesla stock fell 1.5% on Monday, holding near its lowest level since Jan. 26. In recent weeks, stocks have launched a 7%-8% loss rule from a buy point of 200.76 in a cup with handle. And they are trading sharply below the 50-day line, which is a key level.

On Monday, the stock closed 50% off its 52-week high.

Dow Jones leaders: Apple and Microsoft

Among Dow Jones stocks, Apple shares fell slightly on Monday, snapping a two-day winning streak. It remains strongly above 157.48 buying points, and outside the buying range that reached 165.35.

Shares of Microsoft rose sharply above the 276.86 buy point of the flat base although they fell 0.55% on Monday. The buy zone increased by 5% from the buy point to 290.70. MSFT stock hit a 52-week high on Friday.

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