Drug Stock Dragged From Record Highs

The Dow is up over 200 points in electronic trading

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Schaeffer's Opening View
2/01/2021
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Stock Futures Eye Strong Start to February


By: Laura McCandless

Stocks are looking at a promising start to the week, though there is still plenty of buzz around the recent Reddit-fueled speculative trading madness. As we begin February, and with all three major indexes coming off their worst weekly losses since October, futures on the Dow Jones Industrial Average (DJI) are up over 200 points at last check. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are higher as well, as silver prices jump 11% to their highest levels since 2012. The commodity appears to be the next target of the Reddit retail trading army.

Continue reading for more on today's market, including:

  • See why Eli Lilly stock reversed from record highs after earnings. 
  • A look at the outperforming shares of NETGEAR stock
  • Plus, IFF rises on merger update; deliveries surge for TSLA rival; and OTIS' earnings beat.
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