Dow Jones Futures: Market Rally Making All The Right Moves; Nvidia, Microsoft Lead But Tesla Breaks Down

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, will open Sunday evening. The stock market had a strong rebound last week, with many leading stocks finding support at key levels. Nvidia had a powerful breakout, while Microsoft is near a buy point and Novo Nordisk remains in a buy zone. On the other hand, Tesla had a rough week, breaking key support levels. The market rally opened strongly on Monday, with major indexes hitting resistance at key levels. The small-cap Russell 2000 and the Invesco S&P 500 Equal Weight ETF showed weak market breadth. The 10-year Treasury yield fell, while US crude oil futures also declined. Various ETFs rebounded, with some stocks like Microsoft, Novo Nordisk, MercadoLibre, and Tradeweb Markets flashing entries. Tesla struggled, facing price cuts in its strongest market, while Hertz announced plans to sell Tesla vehicles due to weak demand.