Dow Jones futures edged lower early Wednesday, while S&P 500 futures and Nasdaq futures rose modestly. President Donald Trump issued new Iran threats. The Federal Reserve will conclude its two-day policy meeting on Wednesday afternoon, with new Chairman Kevin Warsh set to give his first post-FOMC press conference.
The stock market had a mixed session, with the Dow Jones hitting a new high while the Nasdaq led other key indexes lower. Many AI stocks retreated, with Lumentum (LITE) and other optical plays hard hit. Chip plays also had a rough day, and software retreated.
However, Google-parent Alphabet (GOOGL), Bloom Energy (BE) and Quanta Services (PWR) are AI stocks showing trendline entries. Cancer testing firm Veracyte (VCTY) broke out.
SpaceX (SPCX) continued to rise in its third day of trading, though closing off Tuesday's high. SPCX rose slightly early Wednesday.
Quanta Services stock is on Leaderboard. Bloom Energy stock and Lumentum are on the IBD 50. The video embedded in the article reviews Tuesday's market action and **** yzes Veracyte stock, Google and Lumentum.
The stock market had a mixed session, with the Dow Jones hitting a new high while the Nasdaq led other key indexes lower. Many AI stocks retreated, with Lumentum (LITE) and other optical plays hard hit. Chip plays also had a rough day, and software retreated.
However, Google-parent Alphabet (GOOGL), Bloom Energy (BE) and Quanta Services (PWR) are AI stocks showing trendline entries. Cancer testing firm Veracyte (VCTY) broke out.
SpaceX (SPCX) continued to rise in its third day of trading, though closing off Tuesday's high. SPCX rose slightly early Wednesday.
Quanta Services stock is on Leaderboard. Bloom Energy stock and Lumentum are on the IBD 50. The video embedded in the article reviews Tuesday's market action and **** yzes Veracyte stock, Google and Lumentum.
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