Newly added IBD SwingTrade r name Palantir Technologies bucked a losing trend and bolted more than 3% higher on the stock market today. Shares are extended from a late-stage cup-with-handle base with a 125.25 buy point. Shares have climbed around 82% so far this year.

U.S. stocks are lower on Monday after a three-day holiday break as investors keep an eye out for more trade-related developments.

U.S. stocks closed sharply lower on Monday, as President Donald Trump reignited global trade war concerns with the announcement of sweeping new tariffs. The S&P 500 fell 0.8%, the Dow Jones Industrial Average dropped 422 points (0.