Dow Jones market sales continued to rise after the major inflation report

The Dow Jones Industrial Average released a key inflation report on Tuesday – the Consumer Price Index – ahead of Monday’s stock market sell-off. The 10-year treasury yield, at a pace that would overtake the seven-day winning streak, wiped out early gains. U.S. oil prices rose nearly 4% to over $ 98 a barrel.




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Among the Dow Jones leaders, Apple (AAPL) rose 1.2%, and Microsoft (MSFT) traded up 1.25% in today’s stock market. JPMorgan (JPM) and Goldman socks (GS) will announce first quarter results on Wednesday and Thursday, respectively. Finally, Cisco systems (CSCO) shares fell 2% after City downgraded to sell neutrals.

CrowdStrike (CRWD) Goldman socks rose 4% early Tuesday after the upgrade. Twitter (TWTR) almost 2% lower. Electric vehicle legend Tesla (TSLA) rallied nearly 4%, looking to recover from Monday’s sharp losses.

When the stock market struggled, Dow Jones was the financial leader American Express (AXP) – With Broadcom (AVGO), IBD Leaderboard Monitoring List Role Edwards Life Sciences (It), Radion Technologies (RTX) and Shell (Shell) – Buy and watch Tuesday is one of the best stocks.

Shares of Microsoft and Tesla IBD Leaderboard. Shares of Edwards Life Sciences and Radion Technologies are featured in this week’s Near A by Zone column.

Dow Jones Today: Treasury yields, oil prices, CBI

After opening on Tuesday, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 1.1%. The tech-savvy Nasdaq traded up 1.6% in the morning trade.

Among exchange-traded funds, the Nasdaq 100 Tracker Invesco QQQ Trust (QQQ) gained 1.1%, and the SPDR S&P 500 ETF (SPY) rose 0.6% after opening on Tuesday.

The 10-year U.S. Treasury dividend extended its winning streak to seven sessions on Monday, rising to 2.78%. The 10-year Treasury yields rose to 2.82% on Tuesday morning, reaching its highest level since December 2018, before destroying those gains. Meanwhile, West Texas Intermediate crude traded higher by more than 4% on Tuesday morning, trading above $ 98 a barrel.

Consumer prices rose 1.2% year-on-year in March at a rate of 8.5%, slightly warmer than Econoday estimates – the fastest increase since December 1981. The consumer price index measures the inflation rate of commodities. Ahead of the inflation axis, the White House expects that “March CPI intervention inflation (number) will rise abnormally due to Putin’s price rise”.

The stock market rally continues to struggle

On Monday, major stock indices ended with sharp losses in another disappointing performance of the stock market. The Nasdaq stumbled further than its 50-day lineup, which was the main support position to watch.

In Monday’s The Big Picture column, he said, “The S&P 500 fell 1.7% and closed slightly below the 50-day moving average. The index is now trying to find support at that level. 50 day tax. “

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Investors can create watchlists, find companies near the point of purchase, or create custom screens on IBD MarketSmith.


Four Dow Jones stocks to watch now


Buy and View Dow Jones Shares: American Express

Dow Jones Financial Stock American Express 194.45 Finds Base in Cup-With-Hand showing Point of Purchase. Shares fell 3.3% on Monday after the analyst downgrade, and fell further below the 50-day moving average. Shares of AXP fell 0.5% on Tuesday morning.

Keep track of the relative strength of the stock. In the midst of its recent boom, the RS lineup is nearing its old peak, but there is some work to be done ahead of a possible breakout. The RS line measures the price performance of a stock against the S&P 500. The RS tax should reach new highs on or shortly after the breakout to ensure the strength of the stock breakout.


Four Best Growth Stocks to Buy and View in CurseR.ent stock market rally


Stocks to buy and see: Broadcom, Edwards, Raytheon, Shell

Broadcom fell another 1.1% on Monday as chip stock moved below its initial entry at 614.74. The stock ends in a 7% -8% loss induction. At recent sessions the stock has dropped support in its 50-day line. Meanwhile, the stock put another buying point, a handle entry of 645.41. Shares of AVGO rose about 2% on Tuesday morning.

IBD Leaderboard Watchlist Stock Edwards Life Sciences continues to advance to the right of the cup base showing a buy point of 131.83. Shares fell nearly 2% on Monday. Monday’s weakness could be the start of a handle that will reduce the risk-optimal entry to 125.21. Shares of EW rose 0.5% on Tuesday morning.

Security contractor Radeon Technologies is a significant distance from the 104.44 purchase point of a flat base. The stock rose 1.7% on Monday, trading just 2% in the latest entry. Shares of RTX rose 0.2% on Tuesday morning.

Oil and gas producer Shell, April 1 IPT Stock of the Day, is below the 56.23 buy point of a flat base after falling 1.4% on Monday. Shares of Shell rose nearly 2% on Tuesday morning.


Join IBD Experts as you explore the leading stocks in the current stock market rally at IBD Live


Tesla stock

Tesla shares rose nearly 4% at the start of Tuesday, recovering from a 4.8% decline on Monday. Shares of EV Company ended Monday, up about 15% from the 1,152.97 buy point of the handle with a trophy.

The stock rose to 1,243.49 on November 4 and closed on Monday.

Dow Jones Leaders: Apple, Microsoft

Among Dow Jones stocks, Apple shares moved down 2.55% on Monday, and were down 176.75 points on the double-bottom platform. The stock is close to triggering a sales rule that reduces losses by 7% -8%. With that double-down entry, a handle buying point is also playing at 179.71. On the downside, AAPL stock gave its 50-day support level on Monday, indicating a further weakening. The stock rose 1.2% on Tuesday morning.

Software leader Microsoft fell 3.9% on Monday as stocks fell further below their 50- and 200-day lines. The stock is up nearly 20% at its 52-week high. Shares of MSFT rose 1.25% in early trade on Tuesday.

Don’t forget to follow Scott Lehtonen on Twitter @IBD_SLehtonen Learn more about growth stocks and the Dow Jones Industrial Average.

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