CAKE Stock Can't Take the Heat

Schaeffer's Opening View

Last week's wild surge isn't over yet, it would seem

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Opening View
OPENING VIEW
 
 

3/30/2020

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Stock Futures Eye Rally as U.S. Extends Coronavirus Measures

By Lillian Currens

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Futures on the Dow Jones Industrial Average (DJI) are looking at a triple-digit open this morning, right on the heels of one of Wall Street's wildest trading weeks ever. Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) futures are also higher before the bell. More volatility on Wall Street could be in the cards this week, with investors looking at a huge spike in coronavirus cases over the weekend. President Donald Trump expended the national social distancing guidelines to April 30, flip-flopping on his initial plan to reopen businesses by Easter, which public health experts warned could be catastrophic. 

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