Dow Jones Futures Rise: Nasdaq, Nvidia Break Key Support As AI Stocks Sell Off; What To Do

News Snapshot:

Dow Jones futures rose modestly overnight, along with S&P 500 futures and Nasdaq futures, with the CPI inflation report on tap before Thursday's open. Walt Disney (DIS) headlined overnight earnings. X The stock market rally lost ground Wednesday. As on Tuesday, the indexes came off morning lows, but this time they faded significantly into the close. The Nasdaq composite fell below its 50-day moving average for the first time since early 2023. Not coincidentally, Nvidia (NVDA) tumbled to undercut its 50-day line for the first time in months. A slew of other AI plays had notable or fierce losses, including...