Rallying Retailer for Bulls to Bet On

Dow futures are down roughly 120 points

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Schaeffer's Opening View
3/23/2021
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Stock Futures Fall as Profit-Taking Grips Reopening Economy


By: Lillian Currens

Stock futures are marking the one-year anniversary of the bull market on a low note, with the Dow Jones Industrial Average (DJI) pointed roughly 120 points lower, while S&P 500 Index (SPX) futures are eyeing a modest loss, dragged down by stocks tied to the economic reopening amid a bout of profit-taking. Futures on the Nasdaq-100 Index (NDX), meanwhile, are flat, as the 10-year Treasury yield continues to retreat. News that AstraZeneca's (AZN) Covid-19 vaccine update may have included outdated information is also putting a damper on stock futures this morning, while cases continue to rise in 21 states. 

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

  • There's plenty of reasons to love Big Lots stock right now. 
  • The bank stock getting blasted by options traders after its latest bounce. 
  • Plus, MSFT in talks to buy Discord; Baidu stock makes Hong Kong debut; and DISCA downgraded by UBS. 
Share on Read More...
     

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