Dow futures rose strongly Thursday, along with S&P 500 futures and Nasdaq futures, as China led an Asian market rebound. The Dow Jones led a stock market sell-off in Wednesday's session as President Donald Trump threatened to vastly increase the China trade war, with Beijing signaling further retaliation.
Urban Outfitters (URBN) and
Five Below (FIVE) are all stocks holding up, close to setting up.X
The Dow Jones, S&P 500 and Nasdaq composite only gave up a portion of their recent gains. Still, the S&P 500 index and Dow Jones have been moving sideways since late January, with Trump trade war tensions a major factor. The Nasdaq composite hit new highs recently. But the Nasdaq has outperformed thanks to FANG stocks
Netflix (NFLX) and
Amazon.com (AMZN) as well as software stocks, all relatively resistant to trade woes.
Dow Futures Today
Dow futures rose 0.8% vs. fair value. S&P 500 futures climbed 0.5%. Nasdaq 100 futures were 0.4% above fair value. China's Shanghai composite rallied 2.2% Thursday, as most Asian markets rebounded. European markets also were higher.
While stock futures foreshadowed Wednesday's sell-off, how S&P 500 index and Dow futures trade overnight often doesn't translate into regular session action.
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Source : https://www.investors.com/market-trend/stock-market-today/dow-futures-microsoft-stock-twitter-stock-okta-urban-outfitters-near-buys/Thanks you for read my article Dow Futures Rally Strongly; Watch These 5 Top Stocks