The Dow Jones Industrial Average and other major stock indexes traded higher Monday, with a key inflation report and earnings results from artificial intelligence giant Nvidia on this week's agenda. Meanwhile, Domino's Pizza was a big earnings loser on the stock market today.
After the opening bell, the Dow Jones Industrial Average traded up 0.2%, as the S&P 500 gained 0.1%. The tech-heavy Nasdaq composite moved up a fraction in early morning trades.
The 10-year Treasury yield ticked higher to 4.45% early Monday. And oil prices edged higher, as West Texas Intermediate futures traded around $70.55 per barrel.
Among exchange traded funds, the Invesco QQQ Trust rose 0.1%, while the SPDR S&P 500 ETF moved up 0.2% after the open.
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Inflation Data, Nvidia Earnings Loom
Personal consumption expenditure headline this week's economic data. The Federal Reserve's primary inflation rate and part of the Commerce Department's personal income and outlays report, PCE is due Friday, Disinflation progress tops Wall Street's wishlist, giving the Fed leeway to look past any temporary rise in prices due to tariffs. PCE is likely to be soft, following strong gains in recent months and a pullback in January retail sales.
Nvidia earnings steal the spotlight this week, expected Wednesday after the market close. The most important part of the report will be Nvidia's earnings and sales outlook, particularly what the tech giant says about its Blackwell chip. Now Nvidia's showcase AI chip, Blackwell began shipping late last year. Any sign of an unimpressive Blackwell sales ramp could spell trouble for Nvidia.
Nvidia stock sold off 4.1% Friday, holding right at its 50-day moving average. Shares are forming a double-bottom base with a 148.97 buy point, with an early entry at 143.44, the high price on Feb. 18. Nvidia stock moved 2.2% higher in morning action Monday.
Other artificial intelligence-linked names due to report include Salesforce, Snowflake and C3.ai. Meanwhile, Home Depot and Lowes will head up the late season rush of retail earnings reports.
Meanwhile, Domino's Pizza tumbled more than 5% Monday morning after missing fourth-quarter earnings and sales estimates. Shares are threatening to give up their long-term 200-day line.
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Stock Market Today: Dow Jones Tumbles
On Friday, the Dow Jones Industrial Average plunged 749 points, or 1.7%, for its worst day of 2025. The 30 blue chip stocks knifed below their 50-day moving average. Meanwhile, the tech-heavy Nasdaq composite plunged 2.2%, also closing below its 50-day line, a key bearish sign. And the S&P 500 sold off 1.7% for the day.
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Among the best companies to watch in the current stock market are eBay, Pinterest and Wells Fargo.
Along with Apple and Nvidia, Dow Jones components making notable moves were Amazon, Microsoft and Goldman Sachs.
Check out IBD MarketSurge's "Breaking Out Today" list for top growth stocks that are moving above correct buy points. Check for potential breakouts on the "Near Pivot" list. To find additional stock ideas, check IBD Stock Lists like IBD 50, Big Cap 20 and Stocks Near A Buy Zone.
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Dow Jones: Goldman Sachs In Buy Range
Dow Jones component Goldman Sachs is falling back into buy range above a flat base's 612.73 buy point, according to MarketSurge pattern recognition. The stock is trying to find its footing after three days of losses. Shares were up 1.2% Monday.
Outside the Dow, IBD Leaderboard name Wells Fargo is just below a cup base's 78.13 buy point amid Friday's 1.4% drop. Wells Fargo stock rose 0.6% early Monday.
EBay stock is forming a flat base that has a 71.52 buy point. Shares added 0.5% Monday morning.
And Pinterest stock is adding a handle to a big cup base following the earnings-fueled surge of 19% on Feb. 7. The buy point is 40.90. Shares dipped 0.2% Monday.
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Stock Market Today: Companies To Watch
These are four stocks in or near buy zones in today's stock market, including a Dow Jones leader.
| Company Name | Symbol | Correct Buy Point | Type Of Buy Point |
|---|---|---|---|
| Toast | 41.50 | Cup with handle | |
| Goldman Sachs | 612.73 | Flat base | |
| Wells Fargo | 78.13 | Cup base | |
| 40.90 | Cup with handle |
Source: IBD Data as of Feb. 21
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Tesla Stock Rallies
Tesla skidded 4.7% Friday, tumbling near its recent lows. Shares are nearly 31% off their 52-week high and sharply below their 50-day line.
Tesla stock rallied 0.5% Monday morning after it was reported the company will deploy full-self driving features in China.
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Dow Jones Leaders: Amazon, Apple, Microsoft
Dow Jones component and Magnificent Seven stock Amazon continues to fall further below its 50-day line after triggering a sell signal below a 233 buy point Friday. But Amazon stock moved up 0.2% early Monday.
Apple stock, which edged lower Friday, is trying to move above an early buy point at 247.19, or the high of Jan. 31, while building the right side of a new base. Shares gained 0.9% Monday.
Finally, software giant Microsoft moved up 0.1% Monday. Shares tumbled Friday, ending near their recent lows and further below their 50-day line.
Be sure to follow Scott Lehtonen on X at @IBD_SLehtonen for more on growth stocks, the Dow Jones Industrial Average and the stock market today.
