Dow Jones Futures: Tesla, Shockwave, Other Resilient Stocks Buckle As Treasury Yields Soar
Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures. The stock market closed lower Thursday, with resilient growth leaders selling off as Treasury yields skyrocketed.
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Tesla (TSLA), Celsius Holdings (CELH), Shockwave Medical (SWAV), Enphase Energy (ENPH) and On Semiconductor (ON) are five holdout stocks that are now coming under heavy pressure.
These stocks haven’t broken down, yet. It’s possible that the recent action will end up being bullish…