The battle between Wall Street and retail investors continues to impact the market
|  1/29/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Stock Futures Tumble as JNJ Vaccine Data Disappoints | By: Jake Scott | Stock futures are eyeing a steep move lower this morning, after Johnson & Johnson (JNJ) announced that its one-dose Covid-19 vaccine was 66% effective overall. Futures on the Dow Jones Industrial Average (DJI) are down 165 points, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are noticeably lower as well. The market continues to adjust to the speculative trading by retail investors. There's concern everywhere you look; the losses that could occur at commission-free brokers like Robinhood, as well as the financial fallout for hedge funds who bet against stocks like GameStop (GME). There's also fear of a larger bubble in the market that could unravel and hit retail investors hard. Continue reading for more on today's market, including: - Signal says fresh highs ahead for this blockchain stock.
- All bulls on deck for Southwest stock after earnings.
- Plus, BIIB soars on FDA news; Caterpillar's blowout earnings; and AMC continues to make headlines.
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