Dow Jones futures and S&P 500 futures were lower, while Nasdaq 100 futures rallied early Tuesday, as earnings season kicked off. SPCE stock plunged 17% Monday on a stock offering, while Tesla stock surged.
On Monday, the Dow Jones Industrial Average rallied 0.4%, closing just below 35,000. The S&P 500 moved up 0.3%, while the Nasdaq rose 0.2%. Dow Jones investment banks Goldman Sachs (GS) and JPMorgan (JPM) will kick off earnings season Tuesday with earnings ahead of the open.
Among the Dow Jones leaders, Apple (AAPL) lost 0.4% Monday, while Microsoft (MSFT) moved down 0.2% in today’s stock market. McDonald’s (MCD) moved down less than 0.1% and is just below a new buy point.