The Dow Jones Industrial Average finished essentially flat while other major stock indexes gained ground Monday, during which President Donald Trump touted stock accounts for American newborns. Amazon.com and Tesla fared best among the Magnificent Seven on the stock market today. Nuclear energy stock Cameco soared, but Apple fell amid worries over AI.
The Dow industrials ended 1.1 points lower after switching between losses and gains during the session. Boeing was the index's top performer as it advanced more than 3%, and Caterpillar wriggled up more than 1%. Insurer Travelers lagged with a decline of more than 2%.
The Nasdaq composite fared the best out of the major indexes, rising 0.3%. It continues to sit pretty above its major moving averages. Chip stock Arm Holdings was flexing its muscles, jumping 4.1%.
Robot surgery play Intuitive Surgical lagged with a decline of 5.6%, though it ended off session lows. It was hit after Deutsche Bank downgraded its rating on the stock to sell. The move sent ISRG shares below their 50-day and 200-day moving averages, both sell signals. Meanwhile, AppLovin slid 8.2%.
Stock Market Today: Materials Shine As Most Sectors Rise
The S&P 500 built on a rally out of negative territory to rise 0.1%. The benchmark index's sectors were mostly lower at the close of the stock market today. Consumer discretionary and materials were the strongest areas. Utilities and financials paced the decliners.
Solar stock Enphase Energy was a standout, rising more than 5%. Albemarle was also strong, popping nearly 4%.
PG&E and fellow utility play Edison International struggled, dropping almost 7% and over 8%, respectively.
Small caps fared best, with the Russell 2000 index up 0.6%. The index gained more ground on its 200-day moving average. Growth stocks reversed higher during the session, but the Innovator IBD 50 exchange traded fund rounded off the day flat. The fund's rise for the year now sits at almost 8%.
Trump Unveils Stock Account For Newborns
President Donald Trump at the White House Monday afternoon announced the Trump Account initiative for newborns.
Trump said the accounts, which will operate much like a 401(k), will be private property controlled by the child's parents or guardians. They will also be open to additional contributions from family, friends, employers, churches and foundations.
"This is a pro-family initiative that will help millions of Americans harness the strength of our economy, to lift up the next generation," Trump said. "And they'll really be getting a big jump on life, especially if we get a little bit lucky with some of the numbers in the economies into the future."
The government's cash will be placed in an index fund that will be tied to the stock market.
House Speaker Mike Johnson said, if passed, the move will help provide children with resources to help pay for college, a new home, or to start a business when they grow up.
Research has shown that children with savings accounts are more likely to graduate high school, enroll in and graduate college, and to buy a home.
The package is part of Trump's "One Big Beautiful Bill Act," the tax bill that is currently working its way through Congress.
While the accounts would benefit the young through the power of compounding, they will also inject additional cash into the stock market.
Executives from the likes of Robinhood Markets, Goldman Sachs, Uber Technologies, Salesforce, ServiceNow attended the announcement.
Michael Dell, Chief Executive of Dell Technologies, who has been a public backer of the Trump Account idea, also attended.
According to the White House, Dell said his firm "will proudly match dollar for dollar the government's seed investment into these accounts for all the children born to Dell team members."
Magnificent Seven: Amazon Pops, Tesla Rallies
Tesla staged an impressive comeback to rally out of the red and post a gain of 4.6%.
Shares erased losses that were prompted by an analyst downgrade. Baird downgraded the stock to neutral from outperform. Argus also downgraded the stock, to hold from buy.
Tesla's upside move guided the stock back above its 50-day moving average as well as the 200-day line.
Tesla stock remains down around 11% for the month amid Chief Executive Elon Musk's spat with erstwhile ally President Trump.
Amazon.com was the next-best performer among the group with a near-2% lift. It cleared a 214.84 cup-with-handle entry, MarketSurge analysis shows.
Google parent Alphabet had fared best for much of the day and rose 1.5%. It pulled further clear of its 200-day moving average, which currently sits above the 50-day line.
Software giant Microsoft and Nvidia each turned in gains of less than 1%. Meta Platforms suffered a nominal decline.
3:02 p.m. ET
Stock Market Today: Apple Stock Falls Amid AI Worries
Apple stock was lower in afternoon trade as its Worldwide Developers Conference took place in Cupertino, Calif., on Monday.
The stock was down more than 1%, a move which saw shares skid below their 50-day moving average. Apple stock has lost almost a fifth of its value so far in 2025.
The firm announced its first major operating system redesign for the iPhone since 2013, a look it has dubbed "Liquid Glass." Other announcements included some updates for its Vision Pro headset.
But investors seemed disappointed at the lack of new artificial intelligence offerings being touted. The company is slated to give an update on its Apple Intelligence efforts. It comes after the firm's "more personalized Siri," which was to offer AI driven features, got delayed.
The company's senior vice president of software engineering, Craig Federighi, said at the event that the new Siri needs "more time to meet our high quality bar."
But Apple did unveil its "Foundation Models framework," which will offer tools that will give app makers direct access to AI models.
Apple Raises AI Doubts
Meanwhile, Apple released a white paper at the weekend that poured some cold water on the enthusiasm around the possibilities of AI.
The paper, entitled "The Illusion of Thinking," raised doubts on whether models from the likes of OpenAI and Google, which offers the Gemini product, truly offer reasoning capabilities.
"While these models demonstrate improved performance on reasoning benchmarks, their fundamental capabilities, scaling properties, and limitations remain insufficiently understood," the paper said.
It comes as some critics have accused Apple of falling behind rivals in artificial intelligence offerings.
Wedbush analyst Dan Ives, who rates Apple stock as outperform with a 270 target, said the event was "void of any major Apple Intelligence progress."
The company is keeping its AI hand "close to the vest after the missteps last year," Ives said.
"We get the strategy but this is a big year ahead for Apple to monetize on the AI front as ultimately Cook & Co. may be forced into doing some bigger AI acquisitions to jump-start this AI strategy," he said in a Monday note to clients. "We have a high level of confidence Apple can get this right but they have a tight window to figure this out and that will be the focus of investors the next year."
Stock Market Today: Health Play Tests Entry
BrightSpring Health Services attempted to break out Monday, but the effort was going awry in afternoon action.
The stock reversed back below a cup-with-handle buy point of 24.80, MarketSurge analysis shows. It fell more than 1% in recent trade.
Nevertheless, the relative strength line was hitting fresh highs, a bullish sign. This is also an early-stage base, a positive.
It is among the top 4% of issues in terms of price performance over the past 12 months.
Earnings are expected to soar by 269% this year before slowing to 20% growth in 2026, according to MarketSurge data.
The health services company was recently featured in the IBD Stock Spotlight column.
1:34 p.m. ET
Bitcoin Rises, ETF Flashes Buy Signal
Bitcoin has been fighting back after coming off highs, and was gaining again today. The price of bitcoin was up nearly 2% over the past 24 hours to just over $108,000 per token, according to CoinDesk.
While bitcoin has rallied back from recent lows, it remains down more than 3% from its all-time high of $111,891.30 reached on May 22.
The iShares Bitcoin Trust ETF got added to the prestigious IBD Leaderboard list of top stocks as it cleared its 10-day moving average and broke out of a mini-downtrend, an aggressive buy signal.
The exchange traded fund is also trying to reclaim a prior entry of 61.75, and is eyeing an alternate entry of 63.70.
Cryptocurrency exchange play Coinbase Global rose 1%. It has been finding buying support at the 21-day exponential moving average of late.
Strategy, formerly MicroStrategy, rose more than 1%. It continues to trade tightly and is sitting above its short-term moving averages as well as the 50-day line. It has made solid progress since getting support at the 200-day line in early April.
Bitcoin miner Hut 8, previously a member of the IBD 50 list of leading growth stocks, fell 0.4%. It remains above the 200-day moving average. Rival mining play Riot Platforms suffered a similar decline.
Mara, formerly known as Marathon Digital, remains within striking distance of its own 200-day line. It rose more than 1%.
Warner Bros Discovery Pops On Split News, Media Stocks Mixed
One media stock that hit the headlines Monday was Warner Bros Discovery.
Warner Bros Discovery came well off session highs but remained up nearly 4% on news it will split into two companies. One will focus on movies and streaming, which is seen as the future of the entertainment industry. The second company will concentrate on sports and news.
The new streaming and studios company will consist of Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, as well as their film and TV libraries.
The global networks company will include its sports and news television brands, including CNN, TNT Sports, Discovery, free-to-air channels across Europe, as well as the Discovery+ streaming service and Bleacher Report.
The firm's current Chief Executive David Zaslav will lead the streaming and studios company while CFO Gunnar Wiedenfels will take over as CEO of the other business.
Warner Bros Discovery was only created in 2022 when AT&T sold WarnerMedia to Discovery in a $43 billion deal.
Warner stock has a poor Composite Rating of 40. Even with today's gain it remains down more than 6% for the year.
Other media stocks were mixed despite the development. Leaderboard stock Netflix fell 1%, but remains well extended.
Comcast, Walt Disney and Fox were up less than 1% while Sony made a fractional gain.
Paramount Global, which is embroiled in an ongoing merger with Skydance Media, was essentially flat.
12:07 p.m. ET
Stock Market Today: Catalyst Pharma Breakout Loses Steam
Snapping up a stock early as soon as it clears a buy point does not always pay off.
This is the case so far for Catalyst Pharmaceuticals, which has slipped back below an entry.
It made a strong start as it popped above a consolidation buy point of 26.16. However it is now sitting near session lows despite remaining up fractionally.
Nevertheless, the stock remains one to keep an eye on. It has a very strong IBD Composite Rating of 98 out of 99.
The relative strength line is also bending higher. If it continues to make progress it could aid the breakout attempt.
The stock holds a rare best-possible EPS Rating of 99. Earnings grew by 32% and then 79% over the past couple of quarters. They are also accelerating.
This is well above the 25% growth sought by those following IBD investing principles.
Catalyst makes drugs to treat rare nervous conditions that affect how muscles function. Last year the firm launched a drug to treat Duchenne muscular dystrophy – a genetic condition affecting muscles.
10:43 a.m. ET
Nuclear Stock Rockets Past Entry
Nuclear stocks have been running hot as investors continue to position themselves for the artificial intelligence revolution, which requires a tremendous amount of energy.
Cameco was up 11% in heavy volume. The stock has rallied clear of a weekly chart cup-with-handle buy point of 62.27, MarketSurge analysis shows. It is actionable as much as 5% above this entry.
The relative strength line has been spiking since early April. However, the fact it sits more than 35% above its 50-day moving average adds risk.
Cameco stock already topped an earlier entry at 53.48 from a narrow handle. The base's decline of 44% is deeper than desired, although a few weeks of sideways action may have shaken out some of the weaker holders.
Overall performance is mighty, with its IBD Composite Rating sitting at 99. It holds a near-perfect Earnings Per Share Rating of 98. Profits rose by 45% in the most recent quarter.
Earnings are seen rising 40% this year before accelerating to 65% growth in 2025, according to MarketSurge data.
9:16 a.m. ET
Tesla Skids, Circle Keeps Surging
Tesla stock skidded more than 2% after Baird downgraded the stock from outperform to neutral. The much-anticipated Tesla robotaxi launch in Austin, Texas, reportedly will start Thursday. However, the electric-vehicle maker hasn't set a specific date.
Last week, Tesla stock plunged on Chief Executive Elon Musk's feud with President Donald Trump.
Meanwhile, stablecoin issuer Circle continued to surge, with a 19% premarket gain Monday. Last week, the company's shares shot up 168% in Thursday's trading debut, raising $1.1 billion in an initial public offering after selling an upsized 34 million shares at an above-range price of $31 per share.
8:13 a.m. ET
Stock Market Today: U.S.-China Trade Talks, Inflation Data
Treasury Secretary Scott Bessent and other top Trump officials were set to meet Monday with Chinese counterparts in London. That follows Trump's call with President Xi Jinping on Thursday. Talks were scheduled to begin 7:30 a.m. ET Monday.
Separately, a U.S. trade team is extending its stay in India in a sign that talks are going well, Bloomberg reported Sunday, citing sources.
Two big inflation reports this week will be scrutinized for upward pressure on prices from the Trump tariffs. The consumer price index for May, due Wednesday, is expected to show a 0.3% monthly rise in core prices, according to FactSet. That's about twice the 0.14% rise in May 2024, so the 12-month core inflation rate should increase to 2.9%.
Then the Fed's primary inflation rate, the core personal consumption expenditures price index, known as PCE, combines components of the CPI and the producer price index. That indicator is scheduled for Thursday.
Tesla, Broadcom Recharge This Elite List Of 17 Stocks
Dow Jones Leader Cisco Breaks Out
Elsewhere, Dow Jones networking giant Cisco Systems is breaking out and in buy range above a 65.75 cup-with-handle entry, according to MarketSurge chart analysis. Cisco stock rose 0.2% Monday.
Outside the Dow, recent Stock Of The Day Toast has rebounded after finding support at its 21-day exponential moving average, offering an alternative entry at Tuesday's high of 43.47. This is a follow-on entry, after Toast gapped above a 36.75 handle buy point following its May 8 earnings report. Toast stock added 1.6% premarket Monday.
The ongoing stock market uptrend provides a bullish setting for raising exposure, but investors still need to watch for volatility. Investors should buy stocks with a 21-day average true range, or ATR, of up to 8%, though they should be wary of being too concentrated in high-octane names.
Check out IBD MarketSurge's "Breaking Out Today" list for top growth stocks that are moving above correct buy points. Investors also can find potential breakouts on the "Near Pivot" list. To find additional stock ideas, check IBD Stock Lists like IBD 50, Big Cap 20 and Stocks Near A Buy Zone.
Nvidia Stock Snags This Crown As Tesla Loses This Battle
Be sure to follow Scott Lehtonen on X at @IBD_SLehtonen for more on growth stocks, the Dow Jones Industrial Average and the stock market today.
