Tesla Stock Soars as Dow Jones Futures Surge on Massive Price Target Increase

Dow Jones futures rose modestly, along with S&P 500 futures and Nasdaq futures, as Tesla stock jumped on an analyst upgrade and big price target hike. Apple, Oracle, and Adobe have significant news ahead. Cathie Wood's top holdings, including Roku, Shopify, and Tesla, are near buy points. The stock market rally weakened last week, with major indexes falling below their 50-day moving averages. Market breadth has been weak, and the uptrend is under pressure. Investors should be cautious about new buys, except for the energy sector.