Healthcare Stock Has Room to Run

The U.S. economy added 49,000 jobs in January

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Schaeffer's Opening View
2/05/2021
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Stock Futures Eye More February Gains, Brush Off Jobs Report


By: Laura McCandless

Stock futures are on the rise once again this morning, with the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) coming off of four-straight wins while Nasdaq-100 Index (NDX) futures look to extend its record closeShould these gains hold, all three benchmarks would be looking at their best week since November. Investors are so far brushing off a lackluster jobs report from last month, which saw the U.S. economy add 49,000 jobs in January -- slightly below Wall Street estimates -- while the unemployment rate came in at a better-than-expected 6.3%. 

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

  • Tenet Healthcare stock is flashing a bull signal on the charts.  
  • broadcasting stock for options bulls.  
  • Plus, JNJ seeks FDA approval; PINS and EL jump higher after earnings. 
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