Posted 3/12/2024, 9:16:22 PM
Stocks Resilient at Record Highs Despite Hot Inflation Data
- Dow Jones futures little changed after S&P 500, Nasdaq hit record highs despite hot inflation data; Oracle, Nvidia lead Tuesday’s gains
- ServiceNow, Shockwave Medical, Archrock, Symbotic, Microsoft flash buy signals, offer early entries
- Stock market rally shows resilience but new bases scarce with limited pullbacks; quality names like medical products, energy services firms stand out
- Nvidia bounces from 10-day line but chip leader still significantly extended after huge run
- While market keeps finding support, window to buy may close quickly without substantial pullback