Dow Jones Futures: Why The Market Rally Is Only ‘Mostly Dead’; Boeing Leads As Amazon, Zoom Break Long-Term Support
Dow Jones futures were little changed Wednesday, along with S&P 500 futures and Nasdaq futures. The Dow Jones fell modestly while the Nasdaq tumbled to fresh lows, but the stock market rally isn’t “all dead” yet.
XFor real economy stocks, Wednesday was normal or even positive. Boeing (BA), Citigroup (C), Flagstar Bancorp (FBC) and Avient (AVNT) cleared buy points or early entries.
The sell-off in growth stocks continued with the Nasdaq undercutting its Feb. 23 intraday. Stay-at-home plays Amazon.com…