What to Make of the Copper Rally

Nasdaq futures, on the other hand, are pointed lower

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Schaeffer's Opening View
5/10/2021
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Dow, S&P 500 Futures Eye Another Round of Fresh Highs


By: Lillian Currens

Stock futures are looking at another mixed morning, with the Dow Jones Industrial Average (DJI) pointed roughly 130 points higher, set for another fresh high right out of the gate, while the, S&P 500 Index (SPX) is also poised for more records. The two major indexes are being inflated by a rise in energy stocks, after a ransomware attack pushed the United State's Colonial Pipeline to close this weekend. Meanwhile, futures on the Nasdaq-100 Index (NDX) are inching lower, as the increasingly volatile tech sector turns sour once again, weighed down by a slew of analyst bear notes.

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

  • Founder and CEO Bernie Schaeffer dives into if copper's recent run will be here to stay.
  • Breaking down Riot Blockchain stock ahead of its earnings event. 
  • Plus, COTY dips on YoY sales drop; BNTX topples estimates; and SPG jumps on Eddie Bauer buyout buzz. 
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