Markets Cautious Ahead of Key Inflation Data; Tech Stocks Mixed as Oracle Rises and Meta, Nvidia Drop
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Dow futures little changed ahead of Tuesday's CPI inflation report, which could impact markets. Ai stock Oracle jumped 9% on strong earnings.
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Meta stock fell 4.4% Monday, extending losses. Nvidia dropped 2%, adding to Friday's bearish reversal.
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Oil prices and 10-year Treasury yields holding near highs. This could signal ongoing inflation.
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IBD highlights top stocks setting up buys or breaking out past entries, like Duolingo, Fifth Third, Fortinet and Block.
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Among Magnificent Seven stocks, Apple rose 1.2% but remains below key levels. Nvidia retreated 2% after last week's record highs.