Stocks Rebound as Nvidia Rises, Tesla Gains on FSD News, Trump's Truth Social Debuts
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Dow Jones futures and major indexes climbed Tuesday, looking to rebound from Monday's losses, as Nvidia rose near record highs and Cathie Wood bought over $28 million of Tesla stock.
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Tesla CEO Elon Musk tweeted that Full Self Driving software will be offered as a free 1-month trial, sending Tesla shares up over 3% Tuesday.
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Former President Trump's Truth Social platform debuted on the Nasdaq Tuesday under ticker symbols DJT and DJTWW, with shares jumping over 20% premarket.
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Disney, IBM, and Verizon were among Dow components to watch Tuesday as Disney broke out past a buy point while IBM and Verizon remain below entries.
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Apple and Microsoft, two Dow leaders, traded higher Tuesday morning after Apple shares approached recent lows Monday and Microsoft found support at its 50-day line.