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Stock Market Today With IBD

Stocks Back Off Highs But Up For Week; Expedia, Novo Nordisk, Elastic In Focus

17 min • 26 januari 2024

The major indexes rose solidly again for the week, with the S&P 500 and Dow Jones hitting fresh all-time highs Friday before reversing. The Nasdaq struggled to advance after mid-week, but that’s not all bad given the massive earnings wave ahead. Expedia is flashing an early entry as travel stocks step up. Novo Nordisk is in a buy zone with earnings due. Elastic is trying to reclaim a buy point.

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