Examining Stocks 1 Year After the Covid-19 Bottom

Dow futures are pointed 110 points higher

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Schaeffer's Opening View
3/24/2021
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Dow Set For Triple-Digit Pop as Stocks Bounce Back


By: Lillian Currens

Futures on the Dow Jones Industrial Average (DJI) are eyeing triple-digit gains today, last seen 110 points higher, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures also look to be in recovery mode. The blue-chip index is getting a boost from Intel (INTC), while stocks tied to the economic reopening are also bouncing back, brushing off a continued rise in Covid-19 cases in some U.S. states and around the world. Vaccination rollout is quickening however, with one in five adults in the U.S. now vaccinated. 

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

  • Social media stock set to bounce, if past is precedent.
  • Schaeffer's Senior Quantitative Analyst Rocky White examines the SPX 1 year after the Covid-19 bottom
  • Plus, INTC to build 2 billion-dollar plants; WGO revs higher after earnings; and new Amazon Web Services CEO named. 
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