Goodyear Stock Could Struggle to Gain Traction

Dow and Nasdaq futures are eyeing a triple-digit pop

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Schaeffer's Opening View
4/29/2021
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FAANG Earnings Prop Up Stock Futures as GDP, Jobs Data Roll In


By: Fernanda Horner

Stock futures are higher at last check, lifted by strong quarterly reports from Big Tech giants Apple (AAPL) and Facebook (FB). Dow Jones Industrial Average (DJI) futures are eyeing a 138-digit pop, while Nasdaq-100 Index (NDX) futures are aiming for even higher gains. Meanwhile, futures on the S&P 500 Index (SPX) are modestly higher, as the index shoots for another intraday high later today. 

Also boosting investor sentiment this morning is the latest gross domestic product (GDP) reading, which surged 6.4% in the first quarter.  Plus, initial jobless claims came in at a new pandemic-low of 553,000 for the week, though the figure was still higher than the 540,000 claims Wall Street was anticipating.

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

  • Could this be the end of the road for Goodyear stock?
  • More on Microvision stock's record high.
  • Plus, unpacking Apple's blowout quarter; digital spending boosting Facebook; and McDonald's same-store sales.
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