Stocks Mixed as Strong Retail Data Offsets Tesla Recall, Earnings in Focus
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Dow Jones futures dropped Tuesday after stronger-than-expected U.S. retail sales data. Tesla stock fell on recall of Model X vehicles.
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Key earnings reporters Tuesday Bank of America, Goldman Sachs, Johnson & Johnson, Lockheed Martin.
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Tesla issuing software update to fix issue of vehicle controller failing to detect low brake fluid.
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Nasdaq rose 1.2% Monday, meeting resistance at 50-day line for 5th straight session. Dow rose 0.9%, closing above 200-day line.
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Top stocks like Nvidia, Arista Networks, Lululemon rebounding but face resistance at key levels. Tesla stock 9% away from buy point ahead of earnings.