US stock futures have made a modest recovery after the previous week’s sharp losses. The Nasdaq 100 futures rose 0.45%, while S&P 500 futures gained 0.1%. The Dow Jones futures, however, fell 0.2% vs fair value.
The market rally ended on a high note, with all major indexes regaining key levels on Friday. The Nasdaq composite shed only 1.8% for the week, and the S&P 500 index retreated 2%. Despite this, the recovery suggests a strong bounce-back from last week’s sell-off.
Leading stocks like Palantir, Nvidia, and Tesla showed strength on Friday, with some flashing aggressive entries. However, much of the market remains under pressure, and investors should exercise caution.
The US government shutdown crisis has been resolved, with legislation passed to keep the government open through March. This news could have a positive impact on the market, but its effects are still uncertain.
Investors should monitor their watchlists and be prepared for any further moves in the market. With two holiday-shortened weeks ahead, it’s essential to stay vigilant and adjust your strategies accordingly.
For now, the market appears to be cautiously optimistic, with leading stocks showing resilience. However, investors should remain cautious and keep a close eye on market signals.
Source: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-bulls-fight-market-sell-off-palantir-government-shutdown