The Dow Jones Industrial Average jumped Wednesday morning as Ukrainian President Volodymyr Zelensky described peace talks as “more realistic,” accelerating the outbreak of the global market in China. The Federal Reserve’s interest rate decision is due later today. Treasury yields settled at their highest level since July 2019, while US oil prices remained below $96 a barrel on Wednesday.
X
Stocks with significant exposure to China – Las Vegas Sands (LVS), Win Resorts (where) And the micron technology (mo) – led the S&P 500 by a wide margin. between the Dow Jones LeadersAnd the an Apple (AAPL), nike (NKE) And the Boeing (Bachelor’s) – also highly sensitive to China – topped the industries in early trade.
Nike jumped 3%. Both Apple and Boeing rose more than 1%. Microsoft (MSFT) rose 1.05% in Stock market today. United Health (United nations), a Dow Jones stock to watch, ended Tuesday within walking distance of a new buying point.
on the Nasdaq 100 Index, based in China Bindudu (PDD) increased by 36%, while JD.com (Dinar) made a profit of 24%. electric car leader Tesla (TSLA) was up about 1% early Wednesday, looking to add to strong gains on Tuesday.
Amidst the news-driven market volatility, costco (cost), O’Reilly Motors (Orly), Regeneron Pharmaceuticals (Region) And the Vertex Pharmaceuticals (VRTX) is among the top stocks to watch on Wednesday. Keep in mind that current stock market conditions should keep investors on the sidelines and on the sidelines.
Microsoft, Tesla, Vertex IBD Leaderboard Stores. It was O’Reilly Tuesday’s IBD 50 stockpile to watch picking or picking Costco and Regeneron appeared In this week Stocks near the buying area vertical.
Dow Jones Today: Russia-Ukraine Talks, Fed Meeting
After the market opened on Wednesday, the Dow Jones Industrial Average jumped 1.25%, while the S&P 500 gained 1.5%. The Nasdaq is up 1.9% in morning trading.
in between Exchange Traded FundsNasdaq 100 Invesco QQQ Trust Tracker (QQQ(Up 1.4%, the SPDR S&P 500 ETF)spy) is up 1% after Wednesday’s open.
Chinese markets rebounded sharply Wednesday, after Chinese Vice Premier Liu He pledged “substantive measures” to boost capital markets and economic growth. The Hang Seng rebounded 9.1%, the largest one-day percentage increase since late 2008. Baidu (Baidu) rose more than 16% in US normal trade on Wednesday.
Ukrainian President Zelensky said peace talks with Russia are starting to “look more realistic” in an address to the nation on Tuesday. Meanwhile, Russian Foreign Minister Sergei Lavrov said Tell RBC News Russian That there is “some hope of a compromise”. Talks began about Ukraine adopting the status of a “neutral nation”, while maintaining its own army.
The US 10-year Treasury yield rose to 2.17% on Wednesday morning after ending Tuesday at 2.16%, the highest point since July 2019. US oil prices fell on Wednesday morning. The Fed’s two-day meeting on Wednesday will end with a rate decision at 2 p.m. ET. Expectations call for the central bank to raise interest rates by a quarter of a percentage point, the first increase since 2018.
Russia softened its demands on a possible nuclear deal with Iran, a move that kept a lid on early oil price gains. West Texas Intermediate crude traded slightly lower, settling below $96 a barrel.
Trying to rally in the stock market
The stock market posted strong moves on Tuesday, with major stock indexes ending with big gains. But an essential component of the follow-up day was lacking – higher volume than the previous session. So despite the solid gains, the stock market correction is still in place.
Tuesday the big picture The column commented, “Tuesday’s gains certainly were impressive. But, as we learned only days ago, big gains do not necessarily indicate Real bull market trends. Tuesday’s gain was the biggest since March 9, which dragged the market lower. “Amidst the current volatility, it is an important time to read and follow IBD The Big Picture vertical.
If you are new to IBD, consider taking a look at stock trading system And the CAN SLIM Basics. Distinguish chart patterns It is one of the key investment guidelines. IBD offers a wide range of Stock Growth ListsSuch as leaderboard And the SwingTrader.
Investors can also create watch lists, find companies near a profile buy pointor develop custom screens in IBD Market Smith.
Four Dow Jones stocks worth watching right now
Dow Jones stocks to watch: UnitedHealth
Managed care giant UnitedHealth shows a 500.10 point of purchase with a handle insert on a double-bottomed base. On Tuesday, stocks closed within close range of a session high of 2.05%. UN shares are up about 1% early Wednesday, leading to a potential breakout. The United Nations was Monday’s stock from IBD.
bullish, stock Relative force line It is approaching new highs, indicating a significant outperformance in the stock market.
Four growth stocks to watch at Cursstock market correction
Stocks to watch: Costco, O’ReillyRegeneron, Vertex
Costco stock now shows mug with handle 545.39 buy pointaccording to IBD Market Smith Graph analysis. bullish, stock Relative force line It has already made new highs, which is a sign of extreme strength especially during periods of significant market weakness. Costco shares rose 0.2 percent early on Wednesday.
Tuesday’s IBD 50 stockpile to watch O’Reilly Automotive broke through a 687.33 buy point in a cup with a handle during Tuesday’s 3.1% lead and is in a buying range. The 5% buy space It tops at 721.70. Shares of ORLY rose 0.2% early Wednesday.
Regeneron Pharmaceutical canceled early entry at 645.10 during Monday’s session. Meanwhile, the stock is approaching 673.96 buy point at flat base. REGN shares were slightly higher on Wednesday.
IBD Leaderboard Vertex Pharmaceuticals stock is tracking a flat base at 255.03 buying point. According to Leaderboard analysis, Vertex Pharmaceuticals has boosted to half a position from a quarter in a strong rebound from the 50-day streak in recent sessions. VRTX shares rose 0.2% early Wednesday.
Tesla Stock
Tesla stock It traded up about 1% early Wednesday, looking to add 4.6% to Tuesday’s advance. Stocks are still sharply below the long-term 200-day moving average.
The stock traded as high as 1,243.49 on November 4, but on Tuesday finished about 36% off its all-time high.
Dow Jones Leaders: Apple and Microsoft
in between Dow Jones stockApple shares rose 3% on Tuesday, recovering from Monday’s slide. The stock retraced the long-term 200-day streak. AAPL shares are up 1% early Wednesday.
Shares of software leader Microsoft Inc jumped 3.9% Tuesday, ending a three-day losing streak. Stocks are still well below the 200-day streak, as they continue to build a new base. Microsoft stock rose 1.05% Wednesday morning.
Make sure to follow Scott Lehtonen on Twitter at Tweet embed Learn more about developing stocks and the Dow Jones Industrial Average.
You may also like:
Top growth stocks to buy and watch
Learn how to time the market with IBD’s ETF Market Strategy
Find the best long-term investments with IBD long-term leaders
MarketSmith: Research, charts, data, and training in one place
How to Find Growth Stocks: Why the IBD Tool Simplifies the Search for the Top % Stocks
“Reader. Infuriatingly humble coffee enthusiast. Future teen idol. Tv nerd. Explorer. Organizer. Twitter aficionado. Evil music fanatic.”