Dow Jones futures rose along with S&P 500 futures and Nasdaq 100 futures ahead of Tuesday’s market opening, following gains in Monday’s stock market action.<\/p>\n
Trump Media & Technology (DJT) saw a surge of more than 21% as it approached President-elect Donald Trump’s inauguration next week, closing at its highest level since October 29.<\/p>\n
Nvidia stock dropped 2% on Monday<\/a>, falling further below the 50-day moving average and nearing mid-December lows. Shares rebounded 0.7% in extended trading. The stock triggered the 7% loss rule on Friday, falling below a 146.54 buy point in a double bottom pattern.<\/p>\n Other notable stocks also declined. Palantir Technologies (PLTR) fell 3.4%, closing below its 50-day line for the first time since August 5. Apple (AAPL) dropped 1%, moving back below a 237.49 flat-base entry following substantial losses since December 26.<\/p>\n In other news, KB Home (KBH) jumped nearly 8% in extended trading on Monday after reporting better-than-expected Q4 results.<\/p>\n Is AMD stock undervalued: Why now could be the perfect time to buy<\/a><\/strong><\/p>\n The Labor Department’s producer price index (PPI) for December is scheduled for release on Tuesday at 8:30 a.m. ET. The PPI is anticipated to rise 0.3% month-over-month, with a year-over-year increase of 3.3%. Core wholesale inflation is expected to rise 0.2%, reflecting an annual increase of 3.4%, according to Econoday estimates.<\/p>\n On Monday, the Dow Jones Industrial Average climbed 0.9%, while the S&P 500 increased by 0.2%, and the Nasdaq fell 0.4%. As of Tuesday’s pre-market, Dow Jones futures gained 0.1% against fair value, S&P 500 futures rose 0.3%, and Nasdaq 100 futures advanced 0.4% against fair value. It is important to note that overnight movements in futures do not always predict actual trading outcomes in the following session.<\/p>\n
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\nUpcoming economic data<\/h2>\n
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