Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were little changed ahead of Tuesday's stock market open, as the S&P 500 and Nasdaq hit new highs Monday. Apple, Meta Platforms and Nvidia closed in or near buy zones.
Earnings movers late Monday include Credo and Zscaler. Artificial intelligence leader Credo stock surged more than 34% in extended trading, while shares of cybersecurity stock Zscaler plunged nearly 8%.
Apple shares rallied more than 1% Monday, decisively topping a flat base's 237.49 buy point. Shares are in buy range. Meta stock jumped 3.2% to move within striking distance of a 602.95 entry in a flat base.
And Nvidia stock moved up 0.3%, adding to Friday's rebound. Shares are rebounding from their 10-week line, which places them in a new buy area.
Dow Jones software leader Salesforce, SentinelOne and Okta will report earnings this week, along with Five Below, Dollar Tree, Lululemon Athletica and Ulta Beauty.
Also later this week, the November jobs report takes the economic spotlight Friday. The report could make the difference between a third-straight rate cut and a pause at the Fed's December meeting.
Economists polled by FactSet expect a 180,000 job gain, including 177,500 in the private sector. That would be pretty weak, unless October's paltry gain of 12,000 jobs is revised substantially higher. The unemployment rate is seen rising to 4.2% from 4.1%.
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Stock Market Today: S&P 500, Nasdaq Hit New Highs
On Monday, the Dow Jones Industrial Average slipped 0.3%, while the S&P 500 rose 0.2% and the Nasdaq composite climbed 1%.
Among the best companies to watch on the stock market today are Embraer, Cloudflare, TJX and Tradeweb Markets.
Dow Jones components making notable moves were Amazon.com, Apple, Microsoft and Sherwin-Williams.
Apple featured in this Stocks Near A Buy Zone column.
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Dow Jones Today: Oil Prices, Treasury Yields
Ahead of Tuesday's opening bell, Dow Jones futures, along with S&P 500 futures and tech-heavy Nasdaq 100 futures, were little changed vs. fair value. Remember that overnight action in Dow Jones futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.
On Monday, the 10-year U.S. Treasury yield rose to 4.19%. And oil prices inched higher, as West Texas Intermediate futures settled around $68.15 a barrel.
What To Do Now
Now is an important time to read IBD's The Big Picture column amid the ongoing stock market action. Following Monday's session, be sure to check out today's The Big Picture and today's updated exposure level.
On Monday's "IBD Live" show, the team discussed the current trading conditions of the stock market rally.
An essential resource for daily breakouts is IBD MarketSurge's "Breaking Out Today" list. It shows MarketSurge Growth 250 stocks that are breaking out past buy points. Meanwhile, the MarketSurge "Near Pivot" list shows more stocks nearing buy points in bases.
To find more stock ideas, check IBD Stock Lists like IBD 50, Big Cap 20 and Stocks Near A Buy Zone. These features identify bullish patterns and buy points and are available to check every day.
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Dow Jones: Sherwin-Williams Above Buy Point
Dow Jones leader Sherwin-Williams is in buy range above a 392.57 buy point in a flat base, according to MarketSurge pattern recognition.
Outside the Dow Jones index, Cloudflare broke out in recent weeks, topping a 99.17 buy point in a cup with handle. The 5% buy zone runs up to 104.13, so shares are out of buy range following Monday's rally.
Embraer is in buy range above an alternative entry at 39.46 and is a recent IBD Stock Of The Day. Retailer TJX is above a 121.13 flat-base entry following strong gains.
Finally, Tradeweb closed Monday just below a 136.13 entry in a flat base.
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Stock Market Today: Companies To Watch
These are four stocks in or near buy zones in today's stock market, including a Dow Jones leader.
| Company Name | Symbol | Correct Buy Point | Type Of Buy Point |
|---|---|---|---|
| Tradeweb | 136.13 | Flat base | |
| Sherwin-Williams | 392.57 | Flat base | |
| Broadcom | 186.42 | Handle entry | |
| Deckers Brands | 172.57 | Handle entry |
Source: IBD Data as of Nov. 26
Magnificent Seven Stocks: Alphabet, Tesla
Among Magnificent Seven stocks, Alphabet rebounded 1.5% Monday, decisively recovering the 50-day line. Shares plunged below that level in recent weeks but are bouncing.
Tesla jumped 3.5% Monday, closing just off new highs. Shares are sharply extended past a 264.86 cup-with-handle entry.
Dow Jones Leaders: Amazon, Microsoft
Among Dow Jones components in the Magnificent Seven, Amazon stock rallied 1.4%, further above a consolidation's 201.20 buy point.
Microsoft shares were up 1.8% Monday, closing at their highest level since Oct. 30.
Be sure to follow Scott Lehtonen on X/Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones Industrial Average.
