Dow Jones Futures: Market Rally Faces Key Test As These ‘Magnificent 7’ Stocks Struggle

News Snapshot:

Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. Super Micro Computer (SMCI), Celsius Holdings (CELH) and Upstart Holdings (UPST) were notable earnings movers overnight. X Penn Entertainment (PENN) and DraftKings (DKNG) swung in opposite directions after hours. The stock market rally retreated Tuesday, with the S&P 500 and Nasdaq composite sliding toward the 50-day moving averages before paring losses significantly. Weak China economic data, bank credit rating concerns and earnings-related sell-offs took a toll, with Datadog (DDOG) among the many software casualties. On the plus side, weight-loss drug leaders Eli Lilly (LLY)...