Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a steady preholiday week, with the major indexes and growth names largely moving sideways.
Apple stock, Microsoft (MSFT), Taiwan Semiconductor (TSM), Adobe (ADBE) and Qualcomm (QCOM) are five large-cap techs that are flashing buy signals or finding support at levels that could offer new entries.
Among the megacap stocks, Apple (AAPL) is performing the best, with big recent gains; it’s running through several early buy points and toward record highs. But Microsoft stock is starting to gain momentum and tripping some early buy signals.
Among the mere large-cap techs, Adobe stock is flashing some early buy signals as well. TSM stock is in a tight pattern at record highs, signaling an early entry on Christmas Eve. Qualcomm stock is finding support at the 21-day exponential moving average and just above its 10-week line.
Dow Jones Futures Today
Dow Jones futures will reopen Sunday at 6 p.m. ET, along with S&P 500 futures and Nasdaq 100 futures.
An explosion in downtown Nashville, Tennessee, on Christmas morning was likely deliberate, police said. A parked RV exploded, causing damage to several buildings and three injuries.
If President Trump doesn’t sign the $900 billion stimulus deal and $1.4 trillion omnibus spending legislation by Monday night, the government will go into partial shutdown, barring another stop-gap funding measure by Congress. House Democrats plan to vote Monday on a bill to increase the stimulus deal’s direct checks to $2,000, up from $600. That was one of President Trump’s objections to the stimulus deal, made after Congress passed it.
If Trump doesn’t sign the stimulus deal by Jan. 2, the next Congress would have to pass the legislation.
Coronavirus cases worldwide reached 80 million. Covid-19 deaths topped 1.75 million.
Coronavirus cases in the U.S. have hit 19.14 million, with deaths above 337,000.
New Covid cases in the U.S. appear to be trending lower from record highs over the past several days. The Christmas and New Year’s Day holidays may reduce the number of reported cases for the next week or so, due to fewer people seeking tests and many testing sites or labs shut down. Th
Stock Market Rally
U.S. Stock Market Today Overview
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