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Dow Jones Makes It Six Straight; TSMC, Aerovironment, Jefferies In Focus
Season 1 · Episode 302

Dow Jones Makes It Six Straight; TSMC, Aerovironment, Jefferies In Focus

The 10-year yield edged higher after five straight declines.

Stock Market Today With IBD

May 8, 202415m 6s

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Show Notes

Small caps were under pressure all day, but the Nasdaq composite and S&P 500 pared early losses. Decliners beat advancers by less than 2-to-1 on both exchanges as utility stocks outperformed. Taiwan Semiconductor isn’t far from a new entry as it forms a double-bottom base; Aerovironment could try to add a handle to its current pattern; Jefferies is near the top of a shallow cup base. 

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