Tech Stocks Slide as China Blocks Intel and AMD Chips; Key Economic Data and Earnings Due This Holiday-Shortened Week

Dow Jones futures dropped as Intel and AMD shares sold off due to China blocking use of their chips in government computers. Tesla stock also skidded on an analyst downgrade.

The PCE price index, new home sales, and some key earnings reports are expected this week. The stock market will be closed Friday for Good Friday.

Arista Networks, Duolingo, Dexcom, and DraftKings are among the top stocks to watch, with Arista and DraftKings breaking out past buy points.

Disney stock remains in buy range while IBM continues building a flat base. Procter & Gamble trades above a cup base buy point.

Apple and Microsoft shares found support recently at key levels but both mega-cap tech stocks traded lower Monday morning.