Analyst: Concert Stock a Prime Reopening Play

The Dow hit the 35,000 milestone

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Schaeffer's Midday Market Check
5/10/2021
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Dow Hits Record Highs, Surpasses Major Milestone


By: Laura McCandless

The Dow Jones Industrial Average (DJI) is extending this morning's gains to trade at fresh record highs -- up 300 points at last check -- with energy stocks leading the charge. While the blue-chip index clears the psychologically significant 35,000 level, the S&P 500 Index (SPX) is flat and the Nasdaq Composite (IXIC) drops triple-digits amid another Big Tech selloff. The weekend's cyberattack that led to the closure of the massive Colonial Pipeline has been on investor's minds today, as well as the upcoming finale of a mostly upbeat earnings season. 

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

  • Venue operator upgraded as concert expectations heat up. 
  • Options bulls unfazed by Marriott's mixed first-quarter report
  • Plus, options bulls pay PRTY a visit; SOLY surges after buyout buzz; and TTD plummets after announcing a stock split. 
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