The rising 10-Year Treasury yield hit 1.46% this morning
| |  2/25/2021 | | | Have you seen our volatility scorecard? Sign up by clicking here! | Stock Futures Mixed as Jobless Claims Lift Sentiment | By: Laura McCandless | | Stock futures are a mixed bag this morning. Looking to build on yesterday's frenetic record close, futures on the Dow Jones Industrial Average (DJI) have crept into positive territory, while S&P 500 Index (SPX) futures are marginally in the red. Nasdaq-100 Index (NDX) futures are sharply lower, on the other hand, as a wobbly tech sector struggles for footing. Investors are still monitoring the rising 10-Year Treasury yield, which hit 1.46% this morning. However, upbeat economic data boosted optimism a bit, with initial jobless claims coming in at 730,000 for last week -- lower than the anticipated 845,000. Plus, durable goods orders increased by 3.4% in January -- much better than the expected 1%. Continue reading for more on today's market, including: - Fresh highs could be in the cards for this gambling stock.
- The sports retailer for options traders to watch.
- Plus, BBY drops after forecast; Wayfair stock rises on an earnings beat; and Moderna expects billions in vaccine sales.
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