The Dow is down over 90 points midday
| 3/02/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Stocks Extend Losses Despite Easing Inflation Fears | By: Laura McCandless | The Dow Jones Industrial Average (DJI) is down over 94 points at midday, extending this morning's losses despite surging during the previous session. Similarly, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are swimming in red ink, even after the 10-year Treasury yield pulled back to the 1.4% level, easing rising inflation fears. Investors are also keeping an eye on vaccine supply headlines, with U.S. President Joe Biden set to announce later today that Merck (MRK) will help make Johnson & Johnson's (JNJ) Covid-19 vaccine. Continue reading for more on today's market, including: - Analysts chime in on Zoom stock after a quarterly win.
- Checking with this wholesale name ahead of earnings.
- Plus, options bulls target AMRS after a revenue beat; RKT surges on upbeat outlook; and INSG drops following slew of bear notes.
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