investors.com/market-trend/stock-market-today/dow-jones-futures-market-rally-tesla-hold-key-levels-as-fed-officials-signal-faster-action/?src=A00220
Dow Jones futures and S&P 500 futures fell sharply Thursday night, while Nasdaq futures declined modestly. Some Fed policymakers signaled they would be open to a faster taper and earlier rate hikes if inflation continues to run hot. But the major indexes and many growth names found support at key levels.

Nvidia (NVDA) and Advanced Micro Devices (AMD) rebounded near record highs. Rivian Automotive (RIVN) reportedly is pushing back deliveries for its R1S SUV to spring 2022 at the earliest. Energy stocks continued to fare well, even with crude oil prices fractionally lower.

Pioneer Natural Resources (PXD) rose 1.2%, still in range from an early entry after jumping 4.2% on Tuesday. Tesla (TSLA), Snowflake, Unity Software, InMode and Nvidia stock are on IBD Leaderboard. PXD stock is on SwingTrader.

Dow Jones futures sank 1% vs. fair value. S&P 500 futures retreated 0.8% and Nasdaq 100 futures lost 0.4%. Crude oil prices sank more than 2%. The 10-year Treasury yield sank over 7 basis points to 1.57%.
Tap to copy the Short Url to this post:
bto.sh/tf7p269q 
All Business News on a Single Page. Join for Free →