Dow Jones Futures: What To Do As Market Rally Faces First Real Test; SpaceX IPO, Apple, Oracle Loom

💡 The Dow Jones futures are facing a crucial test as the market rally faces its first real challenge, with SpaceX's highly anticipated IPO, Apple's earnings, and Oracle's quarterly results all on the horizon.

The Dow Jones futures are facing a crucial test as the market rally faces its first real challenge. The S&P 500 has risen by over 6% in the past month, with many investors wondering if the momentum can be sustained. The NASDAQ has been a standout performer, with the FAANG stocks leading the charge.

SpaceX IPO Looms Large

The highly anticipated SpaceX IPO is set to hit the markets in the coming days, with many investors eager to get a piece of the action. The company's valuation is expected to be in the hundreds of billions, making it one of the largest IPOs in history. $SPCE is expected to list on the NYSE under the ticker symbol SPCE.

Apple Earnings in Focus

Apple is set to report its quarterly earnings tomorrow, with many investors expecting a strong performance. The company has been a consistent performer in recent years, with its iPhone sales driving much of the growth. $AAPL is set to report earnings per share of $1.88, up from $1.77 in the same quarter last year.

Oracle Quarterly Results

Oracle is set to report its quarterly results next week, with many investors expecting a solid performance. The company has been benefiting from its cloud computing business, with its Oracle Cloud services driving much of the growth. $ORCL is set to report earnings per share of $1.13, up from $1.07 in the same quarter last year.

What It Means for Investors