#MarketRebound
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were modestly lower ahead of Tuesday's stock market open.
The price of bitcoin continued to slide Monday, closing under $94,000 for the first time since Nov. 26, according to CoinDesk. Bitcoin-related stocks, like Coinbase (COIN) and MicroStrategy (MSTR), sold off 3.8% and 8.8%, respectively. The price of bitcoin topped out at $106,734 on Dec. 17, per Dow Jones Market Data, using a 4 p.m. ET close. Elsewhere, Nvidia (NVDA) chipmaker Taiwan Semiconductor Manufacturing (TSM) broke out Monday, moving past a 205.63 cup-with-handle buy point and closing in the 5% buy area that runs up to 215.91. TSMC was a recent IBD Stock Of The Day. Taiwan Semiconductor, better known as TSMC, is the top producer of advanced computer chips. Its customers include AI-chip makers Broadcom (AVGO), Nvidia, Marvell Technology (MRVL) and Advanced Micro Devices (AMD).