The stock market is poised for another day of gains, with the S&P 500 and Nasdaq composite hitting new highs on Monday. The Dow Jones Industrial Average slipped 0.3%, while Apple, Meta Platforms, Nvidia, and Salesforce are in buy zones.
Credo Stock Surges Over 34% In Extended Trading
Artificial intelligence leader Credo surged over 34% in extended trading after announcing strong earnings results.
Meta Shares Jump 3.2%
Meta stock jumped 3.2% to move within striking distance of a 602.95 entry point, marking the company’s third-straight day of gains.
Nvidia Stock Rallies 0.3%
Nvidia shares moved up 0.3%, adding to Friday’s rebound and placing them in a new buy area.
Earnings Reports Loom
Several major companies are set to report earnings this week, including Five Below, Dollar Tree, Lululemon Athletica, and Ulta Beauty.
November Jobs Report Takes Center Stage
The November jobs report will be released on Friday, with economists expecting a 180,000 job gain, including 177,500 in the private sector. The unemployment rate is seen rising to 4.2% from 4.1%.
Key Stocks To Watch
Embraer, Cloudflare, TJX, and Tradeweb are among the top stocks to watch on Tuesday.
Top Gainers Include Sherwin-Williams And Broadband
Sherwin-Williams closed just above a buy point in a flat base, while Broadcom and Deckers Brands broke out of their respective handle entries.
Source: https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-apple-meta-nvidia-stock-nvda