Dow Jones futures tilted lower early Thursday morning, while S&P 500 futures and Nasdaq futures fell slightly. The stock market rally rebounded modestly Wednesday from key levels, snapping a Nasdaq losing streak and ending, for now, a series of weak closes in the major indexes.
Energy stocks and steelmakers were big winners Wednesday, with Devon Energy (DVN) and Arcelor Mittal (MT) flashing buy signals. But it was a broad-based advance. Palantir Technologies (PLTR), Microsoft (MSFT) and Copart (CPRT) also offered buying opportunities.
Microsoft and Devon stock are on IBD Leaderboard. Copart, Arcelor Mittal and PLTR stock are on SwingTrader. Microsoft stock and Copart are IBD Long-Term Leaders. CPRT stock was Wednesday’s Stock Of The Day.
The video embedded in this story analyzed the bullish market action and reviewed Devon Energy, Copart and MT stock.
Dow Jones Futures Today
Dow Jones futures were slightly below fair value. S&P 500 futures…