Breaking

Aug 10, 2020 2 mins, 15 secs

Dow Jones futures were lower Monday, along with S&P 500 futures and Nasdaq futures, after President Trump's executive orders fueled a 357-point gain in the Dow Jones Industrial Average.

Nikola stock surged 22% on a "game-changer." Apple stock jumped 1.5% on a pair of price-target hikes, while Nike broke out past a new buy point.

Among the Dow Jones stocks, Apple (AAPL) jumped 1.5% on a pair of price-target hikes.

Nike was Monday's IBD Stock Of The Day.

Electric-auto stocks were in motion Monday.

Marijuana stock leader Canopy Growth (CGC) soared nearly 8% on earnings ahead of the open, while Tilray (TLRY) reported weak earnings and sales results after the stock market close.

Late Monday, Dow Jones futures turned flat vs.

Remember that overnight action in Dow Jones futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.

Among exchange traded funds, Innovator IBD 50 (FFTY) fell 1.1% Monday, showing that top growth stocks failed to rally in line with the DJIA.

The ETF of top growth stocks is about 3% off its 52-week high.

Amid the coronavirus stock market rally, the tech-heavy Nasdaq is up 22.2% for the year through Monday's close.

According to IBD's The Big Picture, the coronavirus stock market rally remains in an uptrend after rebounding from lows over four months ago, on March 23.

Stocks to watch include the top stocks on IBD Long-Term Leaders, which focuses on companies with stable earnings growth and price performance.

The Composite Rating is an easy way for investors to identify top growth stocks.

Meanwhile, Monday's IBD Stock Of The Day, Nike, sprinted past a 104.79 buy point in a cup with handle that stretches back to January.

Leading marijuana stocks Canopy Growth and Tilray reported earnings Monday.

Ahead of the stock market open, Canopy reported fiscal first-quarter earnings on Monday, with a smaller-than-expected loss and revenue above views.

Last week, the company reported its first quarterly earnings results since its stock market debut in June.

Top Growth Stocks To Buy And Watch.

Among the top Dow Jones stocks, Apple stock jumped 1.5% after Wedbush boosted its price target from 475 to 515 on strong potential demand for the upcoming iPhone 12?

1-performing Dow Jones stock in 2020, with a 53.6% advance through Monday's close.

Be sure to follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones futures.

Top Growth Stocks To Buy And Watch.

Nike stock is the IBD Stock Of The Day as the athletic gear giant is breaking out after a key..

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