Breaking

Jan 12, 2021 1 min, 58 secs

Stocks crept narrowly higher Tuesday, as the market felt for direction after Monday's brisk pullback.

Growth stocks and small caps showed early strength, although the overall early mood was tentative, after President Donald Trump on Monday declared a state of emergency in Washington, D.C., and the Pentagon called up 10,000 troops for deployment to the capital.

The S&P 500 traded flat on the stock market today, while gains by Baidu (BIDU), Tesla (TSLA) and Nvidia (NVDA) helped prop the Nasdaq's 0.1% advance.

Growth stocks also showed early strength, with Ithe nnovator IBD 50 ETF (FFTY) adding 1.1% in early trade.

While investors appeared to rotating away from growth stocks, many leaders still had a good day, sending the Innovator IBD 50 ETF up 1% in its third-straight advance.

Stocks to watch for Tuesday include Rent-A-Center (RCII), which ended Monday in a buy range above a 41.52 buy point in a bullish ascending base pattern.

Oil issues also bolstered early action, with oil-related stocks representing five of the top 10 early gains among S&P 500 stocks.

China-based stocks once gain flashed early signs of strength.

But Baidu's positive premarket trade on Monday devolved into an 8.6% drop during the regular session.

Bitcoin rebounded more than 6% in early trade, then flatted to trade just above $33,400 Tuesday, according to CoinDesk.

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MicroStrategy (MSTR) shed early gains and slipped 0.7%.

Acting Homeland Security Secretary Chad Wolf resigned late Monday, ceding control of one of the key departments overseeing security for the inauguration to Federal Emergency Management Agency head Pete Gaynor.

Luxury electric automaker Tesla bounced 3% in early trade, after a 7.8% retreat on Monday snapped an 11-day win streak.

Xpeng stock has been hugging its rising 50-day line,  attempting to climb off the floor of a seven-week, 50% deep correction.

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Stocks were lower midday Tuesday, as the Nasdaq joined the Dow Jones Industrial Average and S&P 500 in negative territory. 

Stocks were lower midday Tuesday, as the Nasdaq joined the..

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