U.S. stocks market continue higher ahead of major earnings

U.S. equity markets are trading higher, with buying interest returning in large-cap technology and communication services ahead of key earnings releases. The Dow Jones Industrial Average is up 361 points (+0.74%), while the S&P 500 is gaining 45 points (+0.65%). The Nasdaq Composite is also higher, adding 140 points (+0.60%), supported by strength in Apple and Meta. Despite the upside, traders remain selective, with gains driven more by positioning in heavyweight stocks rather than broad-based risk-on sentiment. Market participants continue to monitor policy and geopolitical developments, keeping volatility risk elevated even as indexes push into positive territory.

Dow Jones Industrial Average (INDU)

DJIA index maintain the bullish pressure but no new higher swing high or record high printed yet. It might consolidate near the current level and attempt to continue higher. Traders will observe the inde movement near the record high for now. If there is bearish reversal, then the latest swing low at 48,428 is the major level to watch as short-term invalidation level.

Robinhood Markets, Inc (HOOD)

HOOD share prices pullback and reach the EMA 200. It is currently supported by the averages and attempting bounce from it. If the share prices could climb and close above the trend line, then traders could expect the continuation of bullish trend. However, if it breaks out lower below the EMA 200, also the $100.00 handle, then we might see the start of new bearish trend targeting $66.91.