Chinese electric-vehicle stocks Li Auto, Nio and Xpeng Motors rose after reporting July deliveries. Boeing surged on 787 Dreamliner news. Global Payments gained as much as 2% on strong results and agreed to acquire EVO Payments for $4 billion.

Onsemi beat views and guided higher for the current third quarter, but shares dropped 2% in morning trade. Boeing (BA) rose more than 4% after the company temporarily avoided a strike at three defense manufacturing plants. Tesla (TSLA) rallied more than 3% early Monday.

After Monday's open, the Dow Jones Industrial Average lost 0.3% and the S&P 500 declined 0.35%. The tech-heavy Nasdaq composite fell 0.2% in morning trade. Keep in mind that ongoing stock market volatility is a reason to stay more conservative.

The Nasdaq composite fared best as it moved 1.9% higher Friday. The 10-year Treasury yield is at its lowest level since early April. U.S. oil prices skidded, as West Texas Intermediate futures declined nearly 6% to about $93 a barrel.

UnitedHealth is nearly out of buy range above its double-bottom-with-handle base's 518.80 buy point. UNH stock shows a solid 94 out of a perfect 99 IBD Composite Rating. IBD offers a broad range of growth stock lists, such as Leaderboard and SwingTrader.
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