Nasdaq Eases After A New High; Monday.com, Pulte, Diamondback In Focus | Stock Market Today

A rally by small and midcap names made up for a small retreat by the Nasdaq composite, but only after the Nasdaq made further ground past 16,000. It is less than a 1% rise away from eclipsing its November 2021 all-time peak. The Russell 2000’s solid gain helped affirm good numbers in terms of market breadth. AI-themed companies continue to attract attention and investor dollars, for good reason. But techs are not the only game in town lately for investors searching for stocks with breakout potential. Today we’ll highlight new buy points emerging in PulteGroup and Diamondback Energy as well as note a profit-taking sell rule in Monday.com ahead of its quarterly results early on Monday. Stock Market Today: February 12, 2024 Hosts: David Saito-Chung & Justin Nielsen Get more IBD by subscribing to our channel: https://bit.ly/3OqppAs Visit our website: https://www.investors.com Like us on Facebook:   / investorsbusinessdaily   Follow us on Twitter:   / ibdinvestors   Follow us on Instagram:   / investorsbusinessdaily   Follow us on StockTwits: https://stocktwits.com/InvestorsBusin... Follow us on LinkedIn:   / investors-business-daily   Follow us on TikTok:   / ibdinvestors   Investor’s Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. #StockMarketToday #InvestorsBusinessDaily #IBD