Stocks Find Support After Retreats; Nvidia Surges While Tesla Sells Off
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Dow Jones futures fell slightly Sunday evening, along with S&P 500 futures and Nasdaq futures after a strong stock market rally last week.
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Nvidia stock surged on a powerful breakout, while Microsoft is just above a buy point. Novo Nordisk and MercadoLibre also flashed buy signals.
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Tesla stock extended its sell-off, breaking key support levels after cutting prices and suspending Berlin production plans.
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The S&P 500 and Nasdaq rebounded firmly from early 2024 retreats, finding support at key levels. Many stocks are setting up bases.
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Investors could have held through early selling or taken profits. Last week offered opportunities to add market exposure with many stocks flashing entry signals.