Stocks Mixed as Dow Hits Record High But Tech Shares Struggle
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Dow Jones futures rose while Tesla stock fell on a downgrade to sell by Wells Fargo. Nvidia rose on a price target hike before turning lower.
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The S&P 500 and Dow hit record highs Tuesday. However, the Nasdaq has shown some distribution day warnings signs amid the ongoing rally.
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Earnings movers today include Dollar Tree, plunging over 7% premarket, and Williams-Sonoma, down 1.7% ahead of its report.
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Top stocks include Duolingo and Fifth Third Bancorp in buy range, while Disney attempts a breakout and Block nears a new buy point.
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Apple and Microsoft traded mixed, with Microsoft finding support at its 50-day line on Tuesday.