Following Monday’s sell-off, Dow Jones futures, S&P 500 futures and Nasdaq 100 futures all fell ahead of Tuesday’s open.
Nvidia shares rose Monday, still closing below its 50-day moving average, while the S&P 500 broke its own 50-day moving average for the first time since Dec. 19.
Nvidia shares rose 0.4 percent on Monday, ending a two-day losing streak. The great genius's shares are forming two bottoms at 146.54 points. At the same time, investors can also consider the decline of the 50-day moving average to around 140 points as a buying indicator.On Monday, the Dow Jones Industrial Average fell 1%, the S&P 500 fell 1.1% and the Nasdaq fell 1.2%. Markets are closed Wednesday for the New Year's holiday.
Dow Jones futures were trading lower than fair value ahead of Tuesday's open, while S&P 500 futures lost 0.1%. Futures on the tech-heavy Nasdaq 100 index fell 0.2%. fair price. Remember that overnight moves in Dow Jones futures and other markets do not necessarily translate into the actual market in the next trading session.
The yield on the 10-year U.S. Treasury note fell to 4.54% on Monday. Oil prices rose, with West Texas Intermediate crude futures trading around $71.10 SeeMore
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