Reddit Darling That Could Soar Again

The Dow is looking to open flat

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Schaeffer's Opening View
5/13/2021
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Stock Futures Muted as Key Inflation Data Pours In


By: Jake Scott

Stock futures are mostly muted this morning, following a tumultuous session that saw the Dow Jones Industrial Average (DJI) log its worst day since Jan. 29. Blue-chip index futures were last seen just above breakeven, after key inflation data poured in. According to the U.S. Bureau of Labor Statistics, the Producer Price Index (PPI) rose 0.6% in April, bringing its year-over-year rise to 6.2% -- its largest recorded increase. Meanwhile, S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are in the black, the latter particularly so after investors moved to buy tech stocks that have been dented over the week. 

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

  • Is GameStop stock ready to jump once again?
  • A bullish signal could send AR higher.
  • Plus, Alibaba stock dips on earnings whiff; SONO boosts full-year guidance; and more on Boeing's 737 Max jet drama.
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