U.S. stock futures fell to start the day following a late-Monday reversal — and more in Tuesday’s stock market recap.
The Dow Jones went from a 488-point deficit to close up 238 points on Monday, or 0.7%. The S&P 500 and the Nasdaq also made up for their early losses, finishing Monday 0.6% and 1.3% higher, respectively.
These big drops might seem like cause for alarm, but when the markets start out lower and close higher, it’s a bullish sign. And when the markets start the day up before heading lower, it’s a bearish sign.
PepsiCo Inc. (Nasdaq: PEP) delivered better-than-expected results and raised its full-year forecast just one day after competitor The Coca-Cola Co. (NYSE: KO) beat estimates and maintained guidance.
We also have earnings coming from some of the biggest tech companies on the schedule for this week — Alphabet Inc. (Nasdaq: GOOG), Microsoft Corp. (Nasdaq: MSFT), Meta Platforms Inc. (Nasdaq: FB) and Amazon.com Inc. (Nasdaq: AMZN) — so expect some volatility.
In this morning’s stock market recap video, you’ll learn how volatility is impacting earnings season… the biggest reports to pay attention to this week… why the bond market is moving sideways… an update on market internals and why they’re spiking… an update on the global economy and its impact on the U.S… plus the top stock in the top sector, and the bottom stock in the bottom sector.
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. The 10-Time World Champ Is Back…
Ten-time world trading champion Chuck Hughes is back to grace us with his presence once more at 1 p.m. EDT on Tuesday, April 26.
And this time around, things are going to be a heck of a lot different!
In fact, Chuck is going LIVE to bring traders an opportunity he’s calling his boldest prediction yet.
It’s not about a single stock, taking risky all-out short bets or 1,000% returns on Bitcoin or other cryptos…
It’s going to be even bigger than that.
Be sure to get on Chuck’s exclusive VIP list to get the intel before Tuesday’s live event!
Click Here to Sign Up!
P.P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.
That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!
Telegram allows me to get trade ideas, videos and watchlists to you in a matter of seconds.
Check out this short article we put together with instructions on how to download telegram and access my private channel. Go here to get the details.
Stock Market Recap: By the Numbers
This morning’s stock market futures recap:
DOW (mini)
- Close: 34,049.46.
- Futures: 33,732.
- Change: -233.
S&P 500 (mini)
- Close: 4,296.12.
- Futures: 4,265.
- Change: -27.75.
NASDAQ (mini)
- Close: 13,533.22.
- Futures: 13,447.
- Change: -88.75.
RUSSELL (mini)
- Close: 1,954.2.
- Futures: 1,935.5.
- Change: -15.1.
Note: Updated as of 9:22 a.m. EDT
On Tuesdays, I’ll detail the strongest and weakest sectors in the entire market. I’ll tell you exactly where I’d put my money and go long, and which ones I’d avoid or even short. Using my proprietary momentum indicator, you’ll get actionable ideas on every market sector, every single Tuesday.
Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to support@marketgeeks.com!
- What Is the Dow and How Does It Work?
- A Beginner’s Guide to the Nasdaq and How to Trade It
- What Companies Make up the S&P 500 and How Can I Trade It?
- What Is the VIX? Understanding Stock Market Volatility
- A Beginner’s Guide to Stock Sector Analysis and Relative Strength
- How to Pick Winning Stocks With Simple Market Analysis Tools
Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.
