September 16, 2021
Markets

Dow Jones Futures Rise After Market Rally Pauses; Tesla, Snap In Buy Zones

Dow Jones futures rose slightly late Tuesday, along with S&P 500 futures and Nasdaq futures. The stock market rally paused Tuesday while Zoom Video Communications (ZM) plunged. CrowdStrike stock headlined earnings movers overnight. Nio (NIO) and other China EV makers are set to report monthly sales as Tesla stock slightly extended its move above an aggressive entry.




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CrowdStrike (CRWD), Anaplan (PLAN) and Ambarella (AMBA) reported earnings late Tuesday.

All three topped estimates. CRWD stock fell overnight while PLAN stock surged and AMBA stock popped.

Nio Sales Loom

Nio will likely report August deliveries Wednesday morning, with fellow EV startups Xpeng (XPEV) and Li Auto (LI) on tap in the next couple of days. China EV giant BYD Co. (BYDDF) will likely follow.

Nio stock rose Tuesday but it’s near multi-month lows. Xpeng stock reclaimed the 50-day line Tuesday and is near…

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