Buy the Dip on This Gambling Stock

The rising 10-Year Treasury yield hit 1.46% this morning

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Schaeffer's Opening View
2/25/2021
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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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