Dow Jones Futures: Market Rally Pulls Back, But AMD Soars, These 5 Stocks Flash Buy Signals

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures.

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Interactive Brokers (IBKR) reported earnings Tuesday night with Charles Schwab (SCHW) on tap Wednesday morning.

The stock market rally retreated Tuesday after a solid bounce last week. The 10-year Treasury yield rebounded above key levels.

While losers easily trumped winners, Nvidia (NVDA) and Advanced Micro Devices (AMD) rallied on bullish analyst reports, with a number of other leading tech growth stocks also doing well.

Microsoft (MSFT) closed with a higher valuation than Apple (AAPL) for the first time in two years.

Elastic (ESTC), Samsara (IOT), Cadence Design Systems (CDNS), Rambus (RMBS) and MercadoLibre (MELI) flashed buy signals Tuesday.

Nvidia stock is on IBD Leaderboard. Nvidia and MELI stock are on SwingTrader. Microsoft and CDNS stock are on IBD Long-Term Leaders. Nvidia, Microsoft and IOT are on the IBD 50. Nvidia, MercadoLibre and MSFT stock are on the IBD Big Cap 20.

The video embedded in the article discussed Tuesday’s market action and analyzed RMBS stock, Elastic and Cadence Design Systems.

Dow Jones Futures Today

Dow Jones futures fell 0.1% vs. fair value. S&P 500 futures declined 0.1% and Nasdaq 100 futures dipped 0.1%.

The 10-year Treasury yield tilted lower to 4.04%. Crude oil futures fell slightly.

China’s Q4 GDP rose 5.2% vs. a year earlier, just below views for 5.3%. Full-year GDP climbed 5.2%. December retail sales grew 7.4% vs. a year prior, missing forecasts for 8%. Industrial production climbed 6.8%, slightly beating targets for 6.6%. Unemployment was 5.1%, with unemployment for those aged 16-24 was 14.9%.

Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.

Interactive Brokers Earnings

IBKR stock fell modestly overnight as Interactive Brokers earnings missed Q4 views. Shares closed down 1.3% to 87.18 in Tuesday’s regular session….