The Dow Jones Industrial Average managed to score gains Monday, and the Nasdaq hit new heights as Robinhood and AppLovin surged on news they are joining the S&P 500. EchoStar soared on a deal with Elon Musk's SpaceX. Meanwhile, Amazon.com and Tesla were among a cluster of stocks clearing entries on the stock market today.
The Dow index reversed higher, and ended the day up 114 points. This equates to a 0.3% lift. Among blue chips, IBM fared best, rising 3%. Nvidia closed off highs, but still rose nearly 1%. Verizon Communications paced the laggards, losing more than 2%.
The tech-heavy Nasdaq composite was the strongest of the major indexes, tacking on 0.5% and on track for a fresh record-high close. The S&P 500 squeezed out a 0.2% gain.
The benchmark S&P 500's sectors ended the day mixed. Consumer discretionary and technology were the strongest areas, while utilities and real estate fared worst.
Health care commercial services firms, cable and satellite stocks and specialty enterprise software plays were among the IBD industry groups performing best on the stock market today. In contrast, solar stocks, coal miners and airlines were among the worst laggards.
Small caps reversed higher, with the Russell 2000 up just 0.1% as it endured a seesaw session. It remains clear of its short-term and major moving averages.
The 10-year Treasury yield fell four basis points to 4.05%. Oil prices rose, with West Texas intermediate futures trading near $62.40 per barrel.
Canada Goose Flaps Above Entry
One stock that turned in impressive performance on the stock market today was Canada Goose. It flapped clear of a cup-with-handle base buy point of 14.32 by surging nearly 13%. The move came in strong volume, which is a positive.
The new base was first-stage, another plus. Investor's Business Daily research has found such patterns are more likely to net good returns for investors. Overall performance is solid, with its IBD Composite Rating sitting at 90 out of 99. It ranks among the top 13% of stocks in terms of price performance over the past 12 months.
However the premium outdoor clothing play has a mediocre Earnings Per Share Rating of 62 out of 99. But a turnaround is underway. While earnings are seen falling 35% this year, they are expected to rebound to 21% growth in 2026.
It was boosted Monday after TD Cowen upgraded the stock from a hold to a buy rating. The firm also hiked its price target from 16 to 18.
Analyst Oliver Chen touted the firm's product modernization efforts, saying in a note to clients it is offering a "new and more culturally relevant creative vision."
2:19 p.m. ET
Airline Stock Flashes Sell Signals
For investors it is just as important know when to pull the ripcord as it is to know when to buy.
And SkyWest is giving investors multiple reasons to hit the eject button after it flashed multiple sell signals on the stock market today.
The airline stock plunged more than 7% in heavy volume. This caused it to fall below the 50-day moving average, a sell signal.
It also triggered a separate sell rule by skidding nearly 8% below a 119.44 cup-with-handle buy point.
There was no obvious reason for the sell-off. However, the fact that volume is so high is a red flag.
The negative action caused the stock to lose its place on the elite IBD Leaderboard list of stock.
However, September is traditionally the toughest month of the year for stocks, partially because this is often when mutual fund window dressing can take place.
SkyWest is a regional carrier and partners with the major carriers like Delta Air Lines, United Airlines, American Airlines and Alaska Air Group.
2:19 p.m. ET
Stock Market Today: Health Play Tests Buy Point
On a relatively rich day for breakouts, Brightspring Health Services was another stock that tested an entry by jumping more than 6%. The care provider cleared a cup-with-handle base buy point of 24.90. This is an early-stage pattern, a plus.
Its latest base formed next to a prior pattern with a near-identical ideal entry point, though it ended up consolidating when the breakout attempt went awry.
BrightSpring holds a healthy Composite Rating of 90 out of 99 from Investor's Business Daily. It is up more than 36% so far this year, well exceeding the S&P 500's gain. Earnings are seen surging 321% this year before slowing to 23% growth in 2026.
The company offers at-home care and pharmacy services to patients needing specialized or chronic care, mostly the elderly. Given the aging population, this offers a long runway for growth.
However, the Louisville, Ky.-based firm is also currently in the midst of selling off its community living business to Sevita for $835 million. BrightSpring has estimated the transaction will result in after-tax cash proceeds of $715 million, which will be mainly used to clear debt.
The deal is expected to close this year. This means the company can be more focused on its pharmacy business, which is where it generates most of its revenue.
1:17 p.m. ET
Boost Parent Boosted On Deal With Elon Musk's SpaceX
EchoStar was one of the best performers on the stock market today following news of a deal. SpaceX, which is led by Tesla Chief Executive Elon Musk, is to pay $17 billion in return for rights to some of EchoStar's wireless spectrum.
It is thought the move could make the Boost Mobile parent a closer competitor to major carriers like Verizon, AT&T and T-Mobile.
EchoStar stock soared nearly 15% in recent trade. It is now up nearly 420% on its June low of 14.90.
Despite today's pop, the stock remains risky. It scores an Earnings Per Share Rating of just 7 out of 99 and is seen losing money both this year and next.
In contrast, Verizon lagged on the Dow, AT&T fell nearly 2%, and T-Mobile tested support at its 50-day moving average amid a nearly 3% decline.
Stock Market Today: Take-Two Interactive Clears Entry
With IBD recommending exposure at the 80%-100% level, it remains a good time to be watching for stocks clearing entries.
Take-Two Interactive made a bullish move on the stock market today by breaking out of a flat base. The ideal buy point here is 245.07, MarketSurge analysis shows. It is actionable as high as 257.32.
Earnings have risen by an average of 476% over the past three quarters. This is well clear of the 25% growth sought by disciples of The IBD Methodology.
Earnings per share are expected to grow 13% in fiscal 2026 before accelerating to 217% growth the following year.
Overall performance is also strong, with the stock's IBD Composite Rating sitting at 88 out of 99. The stock itself has risen by nearly 35% so far in 2025, which is easily better than the benchmark S&P 500's lift.
12:23 p.m. ET
Labor Fears Worsen, NY Fed Survey Finds
The Federal Reserve Bank of New York's latest survey of consumer expectations showed job prospect fears are rising.
The percentage of people who think they could find a job if they lost their current one fell by 5.8 percentage points vs. the prior month to 44.9% in August. This was the lowest reading on record. The New York Fed started tracking the measure in June 2013.
There was also an increase in those expecting the unemployment rate to be higher a year from now. It popped 1.7% from July to 39.1% in August.
Stock Market Today: Amazon Stock Clears Entry
One stock that was outperforming on the stock market today was Amazon.com. It tested an entry amid bullish early action.
The stock has moved clear of a flat base entry of 236.53, according to MarketSurge analysis. This is an early-stage pattern, which is a bonus.
It comes after the e-commerce play cleared an aggressive trendline entry near 232.
In early July the 50-day moving average cleared the 200-day line, a bullish technical maneuver known as a 'golden cross.'
Amazon stock has a very strong IBD Composite Rating of 95. This is a reflection of good all-around performance.
Wall Street sees earnings rising 20% in 2025 before slowing to 14% next year. Analysts have been revising their estimates upward of late, a good sign.
Underlining it quality, Amazon is a recently minted member of the prestigious IBD Leaderboard list of top stocks.
10:53 a.m. ET
Robinhood, AppLovin Surge On S&P 500 Nods
One big news item that dropped after the close Friday was that Robinhood and AppLovin are to join the S&P 500. The dynamic duo will be added to the benchmark index before trading opens Sept. 22, S&P Global said.
Robinhood stock surged nearly 15% on the stock market today. It rebounded away from its 10-week moving average and now sits around 7% above the benchmark. Overall performance is top notch, with its IBD Composite Rating sitting at a best-possible 99. It is up more than 200% so far this year, MarketSurge data shows.
It is replacing Caesars Entertainment. The casino stock skidded more than 2% in morning trade.
Meanwhile, AppLovin was also rocketing, turning in a gain of 10%. It is now up around 69% in 2025. The Leaderboard stock cleared its 20% profit goal from a 428.99 entry and is extended past an alternate handle buy point of 473.70.
AppLovin is taking the place of MarketAxess, with the latter stock falling nearly 1%.
Emcor, which is the other stock joining the index, edged lower. The energy infrastructure stock will replace Enphase Energy. The solar stock skidded more than 3%.
Each of the three equities will be under accumulation as passive index funds will have to snap up shares so they match the performance of the benchmark index.
9:55 a.m. ET
Stock Market Today: Nasdaq-100 Winners, Losers
Within the Nasdaq-100 index, Broadcom and Lam Research rallied 4.5% and 3%, respectively, making them some of the best stocks in morning trading.
On the downside, T-Mobile US and MercadoLibre sold off 5.6% and 3.9%, respectively. T-Mobile stock dived below its 50-day moving average.
9:23 a.m. ET
Dow Jones Movers: Amazon, Boeing, Microsoft, UnitedHealth
Inside the blue chip index, Amazon, Boeing, Microsoft and UnitedHealth Group were among the biggest winners in premarket trading.
Amazon shares climbed 0.8%, closer to a 236.53 buy point, while Boeing stock moved up 0.6%, on pace to snap a three-day losing streak. Microsoft stock gained 0.6%, rebounding a bit after Friday's 2.6% sell-off. Finally, UnitedHealth shares rallied nearly 2% in early morning action.
9:02 a.m. ET
Stock Market Today: AppLovin, Robinhood Jump On S&P 500 Inclusion
Late Friday, S&P Global announced that Robinhood, AppLovin and Emcor will join the S&P 500 index before the open on Sept. 22. They will replace Caesars Entertainment, MarketAxess and Enphase Energy.
Robinhood jumped more than 8%, while AppLovin shares surged nearly 10%. Emcor stock climbed more than 2% in premarket trading.
8:20 a.m. ET
Tesla Stock Touches Buy Point
Tesla stock was up 0.9% Monday morning. Shares touched a handle buy point at 355.39 before retreating slightly. Shares are also on pace to extend a win streak to four sessions after finding support at their 50-day moving average in recent sessions.
Last week, the Tesla board proposed a new pay package for Chief Executive Elon Musk worth nearly $1 trillion over the next decade if he and the electric-vehicle giant hit a series of performance targets.
New Apple iPhone
Apple is expected to unveil its latest smartphone series, the iPhone 17 family, on Tuesday. The likely star of the show is the rumored ultrathin smartphone, the iPhone Air. Amid questions about smartphone prices, Apple is also widely expected to announce new models of the Apple Watch and AirPods wireless earbuds.
Apple stock broke out last week, topping a handle entry at 235.12. Shares edged higher in premarket trading Monday.
Stock Market Today: CPI Inflation Data Due, Earnings Reports
This week's economic highlight is the August consumer price index, set to arrive Thursday. Economists expect a 0.3% rise in the core CPI – on the high side. But Friday's weak jobs report lowered the stakes. Meanwhile, the producer price index is due out Wednesday.
Last month, Federal Reserve Chair Jerome Powell said the risks of high inflation and unemployment were balanced. Now, risks to the job market seem to take precedence, so the outcome of the Sept. 17 Fed meeting likely won't hinge on the CPI reading.
Key earnings releases this week include AeroVironment, Adobe and Rubrik.
Please follow Michael Larkin on X at @IBD_MLarkin for more analysis of growth stocks.
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.
