The stock market rally struggled to gain momentum on Thursday, with the Nasdaq and S&P 500 indexes closing lower despite initial gains. Tesla (TSLA) and Apple (AAPL) led the decline, while Nvidia (NVDA) bucked the trend. Many leading stocks made bullish moves earlier in the week, but investors may want to exercise caution amid a higher-risk environment.
The Dow Jones futures rose 0.35% on Friday morning, followed by a modest gain in S&P 500 futures. However, the Nasdaq Composite index struggled to hold its gains, closing down 0.7% after initial volatility. The Dow Jones Industrial Average (DJIA) also fell, down 0.5%.
Tesla reported disappointing fourth-quarter deliveries of 495,570 electric vehicles, below estimates and leading to a 6.1% drop in stock price. The company’s shares have lost nearly 18% over the past five trading sessions.
Nvidia, on the other hand, rose 3% on Thursday after its stock regained support above the 21-day moving average. However, the company faces challenges ahead with upcoming quarterly earnings and a January sales report.
The Nasdaq’s inability to hold its gains has raised concerns about the market rally’s sustainability. Investors may want to reduce exposure, especially if the index breaks below the 50-day moving average decisively. Nimble traders could try taking advantage of a few strong performers, but the environment remains high-risk and low-reward.
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Source: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-nasdaq-key-level-2025-tesla-apple