Why WYNN is a Top Pick

Initial weekly jobless claims came in at a two-month low

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Schaeffer's Opening View
2/04/2021
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Stock Futures Look to Extend Strong February Start


By: Laura McCandless

Stock futures are eyeing modest opens higher this morning, as investors unpack new employment data. Initial weekly jobless claims came in at 779,000 for last week, a nine-week low and below Wall Street's estimates of 830,000. Though futures on the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are looking to add to their three-day winning streaks, Nasdaq-100 Index (NDX) futures are seeing the most gains this morning, up over 55 points at last check. Meanwhile, stimulus negotiations are continuing in Congress, and U.S. Senator Amy Klobuchar unveiled an antitrust bill that could affect Big Tech stocks. 

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

  • Why Wynn Resorts stock is a top pick for 2021. 
  • How to capitalize on earnings season with weekly options
  • Plus, QCOM falls on sales expectations; and analysts chime in on two earnings beats. 
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