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Home / Business / Dow Jones Futures: After the bear market, the cops try to take the night back; Nike, Apple, Amazon Up

Dow Jones Futures: After the bear market, the cops try to take the night back; Nike, Apple, Amazon Up



Dow Jones futures rose on Thursday night along with S & P 500 futures and Nasdaq futures. Cops try to take the night back, for reasons that are not completely clear. Nike's stock (NKE) fell as the Dow Jones component made a surprise profit. But Apple (AAPL) share, Microsoft (MSFT) share, Intel (INTC) share, Amazon.com (AMZN) share and several software names were all higher, with Microsoft, Amazon, and Intel up almost 1%. Nevertheless, bears ruled the market again during the day. The Nasdaq correction hit market levels as the S & P 500 Index and Dow Jones broadened their stock market corrections. Investors fear a government deadlock, which could start on Friday evening.




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Nike Revenue

Nike revenue increased 13% in the first quarter, contradicting views for a 2% decline. Nike sales increased 14% to $ 8.9 billion, while North American sales rose for the third quarter in a row. Nike management was bullish in the future as well. Nike stock rose 7.9% in late trading. Shares fell 2.2% to a seven-month low.

Dow Jones Futures Today

Dow Jones futures rose 0.8% from their fair value, up 1% to one point. The S & P 500 futures gained 0.6%. Nasdaq 100 futures rose 0.8%. The Nike stock has boosted the Dow Jones and the S & P 500 Index, while Apple, Microsoft and Intel have also modested the Nasdaq futures. Remember that Dow futures and other overnight stays are not necessarily translated into actual trading in the next regular session.

Even if the stock market rises modestly or even sharply on Friday, a single day would not mean much.

Bear Market

The Nasdaq bond fell more than 20% from its course All-Time Highs Intraday Thursday, exceeds the threshold for a bear market The S & P 500 Index and the Dow Jones are more than 15% below their highs. Crude oil prices plunged again as the energy market deepened. Medical, retail and energy companies were among the biggest losers in a broad stock market sell-off.

Other Top Stocks Crumble

Restaurant stocks, which were relatively robust, collapsed on Thursday. McDonald's (MCD) and Starbucks (SBUX) severed their 50-day moving averages.

Tech Titans Keep Falling

Microsoft shares, Apple and Amazon, the three most valuable companies, all fell further than 2% Thursday. Microsoft closed well below the 200-day mark for the first time since mid-2016. Apple stock reached a 10-month low. Amazon had the worst price since April 25th.

Of course, some quality stocks have held up well. Collaborative Software Vendor Atlassian (TEAM) gained 1.5% as consolidation solidified bullishly. But many stocks have looked bullish at various times during the bear market, including the Apple stock.

What You Should Do Now

Investors should not pay attention to buying and should consider being fully in cash, if not already. However, you should create and update your watch lists with names like Atlassian stock. Wait for the stock market to recover over several days and confirm this new uptrend with a follow-up day. Be careful too. In the Whipsaw stock market correction, two confirmed rallies have already failed almost immediately.

If you find it boring to be bar in a bear market, resist the temptation to re-enter. If it's hard for you to resist, go outside your house at midnight in summer clothes – T-shirt, shorts, and sandals. There is a time and place for summer clothing and a time and place to be bullish.

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