Dow futures: what to do after the stock market falls today; Next major inflation report

Dow futures rose after the stock market plunged Monday. Major stock indexes sold off with huge losses, hitting new lows in 2021, as Treasury yields soared to their highest level since 2011.


After that, more inflation data will be released with the Labor Department’s PPI on Tuesday, while the highly anticipated two-day Federal Reserve meeting will also begin.

Dow Jones futures today: Treasury yields, oil prices, inflation and Fed meeting

After Monday’s close, Dow Jones index futures were up 0.5% against the difference. Fair value is up, and S&P 500 futures are up 0.6%. Nasdaq 100 futures rose 0.75% against stocks. fair value. Remember that overnight action in Dow Jones futures and elsewhere does not necessarily translate into actual trading in the next regular stock market session.

The 10-year Treasury yield rose to 3.36% on Monday, the highest level since April 2011. Meanwhile, US oil prices remain near recent highs, with West Texas Intermediate trading around $121 a barrel. In early March, West Texas Intermediate crude briefly exceeded $130 a barrel.

Producer prices are expected to rise 0.8% in May after rising 0.5% in April, according to Econoday. Producer inflation is expected to jump 11% year over year. The Producer Price Index is a measure of pricing power based on the selling prices that domestic producers receive for their production.

The Federal Reserve will begin its last two-day policy meeting on Tuesday, and it is widely believed that the central bank will raise its benchmark interest rate by half a percentage point on Wednesday. But expectations that the Fed will have to move more aggressively this year have been rising since Friday’s heated inflation report.

stock market today

On Monday, the Dow Jones Industrial Average was down 2.8%, while the S&P 500 was down 3.9%. The high-tech Nasdaq Composite tumbled 4.7%. Among the exchange-traded funds, the Nasdaq 100-tracked Invesco QQQ Trust (QQQ) Index is down 4.65%, and the SPDR S&P 500 ETF (SPY) is down 3.8%.

Overview of the US stock market today

index Code price win/loss % change
Dow Jones (0 DJIA) 30518.06 -874.73 -2.79
Standard & Poor’s 500 (0S&P5) 3749.91 -150.95 -3.87
Nasdaq (0NDQC) 10809.23 -530.79 -4.68
Contact 2000 (IWM) 170.14 -8.45 -4.73
defect 50 (fifty fifty) 29.49 -1.80 -5.75
Last update: 4:28 PM ET 6/13/2022

inspiration (ORCL) announced its earnings after Monday’s close. Oracle shares jumped 12% in extended trading after the company reported better-than-expected earnings and sales results.

Tesla (TSLA) TSLA stock slipped more than 7% on Monday. Among the leaders of Dow Jones, apple (AAPL) sold 3.8% and Microsoft (MSFT) is down 4.2% in the stock market today.

As the stock market correction gets worse, Dow Jones leaders chevron (CVX), merck (MRK) and travelers (TRV) – with Carlisle (CSL), the health (HQY), Northrop Grumman (NOC) and world wrestling entertainment (WWE) – Among the biggest stocks to watch in IBD for Tuesday.

WWE is the stock IBD Leaderboard. World Wrestling Entertainment appeared in the stock column near the buy zone for this week.

What to do after the stock market falls today

On Monday, the Dow Jones Industrial Average, Nasdaq and Standard & Poor’s all posted new correction lows, with the stock market falling. Investors should be on the lookout for a bullish day to signal the start of a new bullish attempt.

In the midst of an in-depth stock market correction, investors should often – if not entirely – be on the sidelines. New overseas purchases. Also, keeping a watch list of stocks that are well holding in a bear market is a good way to prepare for the next stock market bullish trend.

Keep in mind that the leading stocks of the past may not be the leaders of the future. To help identify stock leaders emerging in a new market uptrend, use the relative strength line to see which stocks are outperforming the general market.

During a stock market correction, investors should identify companies whose stock prices are fighting the downward trend of the stock market. The strong RS line will point sharply higher, either during the base period or shortly after the breakout.

Monday’s The Big Picture column commented, “After the opening gap, indexes remained weak until close. The four-day streak of losses in major indexes is now the largest since March 2020, according to market data from Dow Jones. Sharply lower rivals that year’s collapse Covid market. Except this time, we are already at least five months into a market downturn.”

If you are new to IBD, consider taking a look at the CAN SLIM Stock Trading System and Basics. Recognizing chart patterns is one of the keys to investing guidance. IBD offers a wide range of developing stock listings, such as Leaderboard and SwingTrader.

Investors can also create watch lists, find companies close to a point of purchase, or develop custom displays at IBD MarketSmith.

Five Dow Jones stocks to watch right now

Dow Jones stocks to watch: Chevron, Merck, Travelers

Energy giant Dow Jones and energy giant Chevron have abandoned their flat base buying point of 174.86, according to IBD MarketSmith chart analysis, after Monday’s 4.6% drop. CVX Stock boasts a perfect 99 IBD compound rating, for every IBD stock check. Investors can use the IBD composite rating to easily gauge the quality of a stock’s fundamental and technical metrics.

Merck, a shareholder of Dow Jones and IBD Big Cap 20, fell below an 89.58-handle buy point Monday, with shares down another 2.5%. The stock gave up the support around the key 50-day line on Friday, which is a sell signal.

Insurance giant Traveler continues to build a firm base at 188.08 buying points. Shares are down more than the 50-day streak after Monday’s 0.9% drop.

Two of the most important growth stocks to watch at Cursstock market correction

Stocks to watch: Carlisle, HealthyQuality, Northrop, WWE

IBD’s latest stock for the day Carlisle is showing a steady base at 275.23 buying points, even as the stock tumbled 4.6% on Monday to give up its 50-day line.

HealthEquity tracks a cup with a handle at 66.23 buying points, as shares fell 0.9% on Monday. The stock is finding support around the major 50-day line and is only 2% away from the most recent entry. Keep in mind that a weak market environment should keep you on the sidelines.

Northrop Grumman found much-needed support at the 50-day moving average on Friday, but it’s still about 3% below the buying point at 477.36. Shares of the National Oil Corporation fell 0.7% on Monday.

IBD Leaderboard Stock World Wrestling Entertainment is testing 63.81 buying points for a flat base, according to IBD MarketSmith chart analysis, as WWE shares surged Monday. On May 25th, the stock made a strong breakout after entering. But stocks are just above the latest entry in the new wave of market selling.

According to leaderboard commentary, the WWE stock’s relative strength streak is at an all-time high and has been gaining ground since January. The base is the first stage, which is a bonus for the graph.

Join IBD experts as they analyze the leading stocks in the current stock market rally on IBD Live

Tesla Stock

Tesla stock fell 7.1% on Monday, adding to Friday’s 3.1% drop. The stock is well below the 50 and 200 day moving averages.

The shares traded as high as 1,243.49 in November. 4. Stocks are about 48% of this record.

Dow Jones Leaders: Apple and Microsoft

Among Dow Jones shares, Apple shares sold 3.8% on Monday, hitting their lowest level since June 2021. The stock is well below the long-term 200-day streak and about 28% from its 52-week high.

Software leader Microsoft lost 4.2 percent on Monday, still sharply below its 50 and 200-day streaks. The stock has closed more than 30% from its 52-week high.

Make sure to follow Scott Lehtonen on Twitter at Tweet embed Learn more about developing stocks and the Dow Jones Industrial Average.

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