- March 2, 2024
- Posted by: legaleseblogger
- Category: Related News
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**Market Outlook and Stocks to Watch**
Dow Jones Futures Opening and Stock Market Rally Advancement
The Dow Jones futures are set to open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally has been continuing its upward trajectory, with the Nasdaq composite reaching a record high and joining the S&P 500. This presents a prime opportunity for investors to assess potential stocks to watch for the upcoming week.
**Stocks to Watch**
Several stocks have been highlighted as leaders in the market rally, including Taiwan Semiconductor Manufacturing (TSM), Monolithic Power Systems (MPWR), Microsoft (MSFT), Palantir Technologies (PLTR), Deckers Brands (DECK), Eli Lilly (LLY), Coherent (COHR), and Uber Technologies (UBER). These companies have been consolidating for a few weeks, providing new entry points for interested investors.
With a focus on AI plays, stocks such as Nvidia (NVDA) and chipmaker Taiwan Semiconductor have been capitalizing on the trend towards advanced semiconductors. However, it is important to note that both the Nasdaq and S&P 500 are currently extended once again, prompting caution among investors.
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