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Dow Jones Futures: Rising Yields Curb Market Rally; Tesla Leads 5 Stocks Just Below Buy Points

September 6, 2023
Source: investors.com investors.com
News Snapshot:
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. X The stock market rally lost modest ground Tuesday as Treasury yields rebounded. The major indexes didn't fall too hard thanks to megacaps such as MSFT stock, Meta Platforms (META) and especially Tesla (TSLA), but market breadth was noticeably weak. The Dow Jones and Russell 2000 fell back below their 50-day lines. Homebuilders and other housing stocks sold off hard Tuesday on the higher yields, after powering higher Friday despite rising rates. Energy stocks fared well, with crude oil continuing to climb. Microsoft (MSFT), Meta...
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