SPY Strikes Could Act as Magnets

The S&P is pacing for another high

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Opening View
OPENING VIEW
 
 

2/11/2020

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Stock Futures Up; Traders Digest Powell Testimony

By Josh Selway
Share On

After hitting fresh highs on Monday, stocks are eyeing more upside this morning, as futures trade above fair value. The Dow Jones Industrial Average (DJI) is poised for an almost triple-digit gain at the open, continuing to push back against coronavirus headwinds. Traders will also be digesting Fed Chair Jerome Powell's testimony on Capitol Hill today, along with news on the M&A front after a federal judge ruled in favor of T-Mobile's (TMUS) takeover of Sprint (S).

Continue reading for more on today's market, including: 
>> Continue reading...
LATEST HEADLINES
>> Hasbro Stock Brushes Off Revenue Miss
The firm posted better-than-expected fourth quarter earnings, but revenue that missed the mark
>> S&P 500, Nasdaq Shake Off Coronavirus Fears For New Highs
Coronavirus has officially surpassed SARS in death toll
>> Options Traders Play the MCK, SPCE, and LYFT Stock Rallies
The shares of MCK, SPCE, and LYFT are gaining today
>> Signal Says UAA Could Slide After Earnings
The appareler just ran into familiar pressure at its 160-day moving average
>> Drug Stock Surges Near Top of Nasdaq on Phase 1 Results
Analysts were unsure of the equity coming into today
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Learn more.
 

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