The Dow Jones Industrial Average climbed, but Donald Trump-linked entity Digital World Acquisition (DWAC) tumbled Monday amid more legal woes. Apple (AAPL) and Tesla (TSLA) rallied while Alphabet (GOOGL) surged on the stock market today. And famed investor Cathie Wood snapped up a plunging stock.
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Meanwhile, a trio of noteworthy stocks are near buy points. Alphabet, Neurocrine Biosciences (NBIX) and Arista Networks (ANET) are all eying entries.
The Nasdaq composite bounced back from last week’s losses as it surged more than 1% heading into the close. PDD Holdings (PDD) performed well here as it rallied more than 4%.
The benchmark S&P 500 climbed nearly 1%. Match (MTCH) fared well here as it rose nearly 5%. But the stock remains below its major moving averages, MarketSurge analysis shows.
The S&P 500 sectors were all positive. Communication services and consumer discretionary were outperforming on the stock market today. Real estate and health made the slimmest gains.
But small caps lagged, with the Russell 2000 dipping 0.1%. Growth stocks inched higher, with the Innovator IBD 50 ETF (FFTY) up 0.2%.
Dow Jones Today: Disney Stock, Salesforce Shine
The Dow Jones industrials lagged the other major indexes but still managed to rise nearly 150 points. This equates to a 0.4% gain.
Walt Disney (DIS) was among the best performers as it rose nearly 2%. Salesforce (CRM) and Caterpillar (CAT) also outperformed with similar gains.
Boeing (BA) lagged the most on the Dow Jones today as it fell more than 1%. The loss comes amid ongoing worries about construction standards at the aviation giant.
Donald Trump Entity Dives Amid Bond News
The Donald Trump-linked special purpose acquisition company Digital World Acquisition (DWAC) took a tumble after it emerged that the former president is having trouble meeting bond requirements for his New York fraud case.
His attorneys said in a court filing that he cannot fully secure the bond required as he tries to appeal the $454 million civil business fraud judgment.
“Enforcing an impossible bond requirement as a condition of…
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