The Dow Jones Industrial Average rallied out of the red as stocks ended the week with gains. Tesla (TSLA) was forced lower on negative headlines. A trio of Warren Buffett stocks are near buy points, including RH (RH) and Aon (AON). Apple (AAPL) was a top blue chip.
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Meanwhile, a trio of noteworthy growth names made bullish moves. MercadoLibre (MELI), Copa Airlines’ parent Copa Holdings (CPA) and Fluor (FLR) all offered entries.
Volume on the Nasdaq and the New York Stock Exchange was lower vs. the previous day, according to early data.
The yield on the benchmark 10-year Treasury note rose five basis points to 3.5%. West Texas Intermediate crude rose 2% to just under $80 per barrel.
Nasdaq Gains, IBD 50 Excels
The Nasdaq managed to fight out of negative territory to rise 0.7%. Pinduoduo (PDD) was a top performer here as it rose 3.8%.
The S&P 500 also clambered higher as it gained 0.2%. Illumina (ILM) was a standout as it gained 3.8%, but its chart is unremarkable.
The S&P 500 sectors were mostly positive. Consumer discretionary and financials fared best, while real estate and utilities lagged. Small-cap stocks shined, with the Russell 2000 closing up 0.6%.
Growth stocks impressed most, with the Innovator IBD 50 ETF (FFTY) rallying 1.2%.
Dow Jones Today: Caterpillar Up, Apple Stock Shines
The Dow Jones Industrial Average continued to impress after it managed to reverse higher after early pressure. It ended the day up 0.3%.
Outside of the banking names, it was Leaderboard stock Caterpillar that impressed most on the index. CAT stock, which is extended past a 239.95 buy point, rose nearly 1%.
Apple stock reversed higher, closing 1% higher. It remains rooted below its 50-day moving average, however.
UnitedHealth (UNH) was the stock that lagged most on the Dow Jones today. UNH stock fell 1.2% in a bearish reversal.
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Many investors keep track on the portfolio of famous investors, and none is more popular than Berkshire Hathaway (BRKB) CEO Warren Buffett. A trio of…
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