Investors Tune Into Coinbase's Earnings Debut

Dow futures are down over 140 points

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Schaeffer's Opening View
5/17/2021
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Stock Futures Fall With More Selling Likely on the Horizon


By: Jake Scott

Stock futures are lower to start the week, hinting at investors' skittishness following last week's inflation-based selloff that could result in more selling ahead. At last check, futures on the Dow Jones Industrial Average (DJI) were over 150 points lower, fresh off of one of Wall Street's wildest weeks that saw all three major benchmarks log substantial weekly losses. Meanwhile, S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are swimming in red ink, amid a mixed Big Tech pre-market performance.

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

  • TTWO could level up on an upbeat quarterly report.
  • Wall Street tuned into Coinbase Global's earnings debut.
  • Plus, more on the major AT&T and Discovery merger; At Home's possible sale; and Tesla's continuing crypto buzz.
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