How Stocks React to a Drop in Bullish Sentiment

Shopify and Lyft stocks are in focus post-earnings

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Opening View
OPENING VIEW
 
 

2/12/2020

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Dow Futures Point to Strong Gains

By Josh Selway
Share On

U.S. stock futures are trading above fair value this morning, with the Dow Jones Industrial Average (DJI) eyeing triple-digit territory at the open. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are pointing to a solid start as well, as investors consider a mix of earnings reports and coronavirus headlines. Fed Chair Jerome Powell is also preparing for his second day of testimony on Capitol Hill, though the economic docket is rather bare otherwise.

Continue reading for more on today's market, including: 

  • Schaeffer's Senior Quantitative Analyst Rocky White breaks down what to expect when sentiment turns less bullish.
  • China buzz propped up Mastercard stock.
  • Plus, Shopify shares set for new highs; Lyft shares dip; and analysts warm to casino stock amid coronavirus noise.
>> Continue reading...
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