Both the Nasdaq and SPX scored record closes yesterday
| 6/25/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Stock Futures Eye Strong Finish to Upbeat Week | By: Laura McCandless | Wall Street is on track for its best week in months. Dow Jones Industrial Average (DJI) futures are up 160 points at last check, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are indicating a higher open as well, thanks in large part due to infrastructure bill optimism. On the inflation front, investors are weighing the core personal consumption expenditures (PCE) price index, which rose 3.4% year-over-year in May -- the fastest increase in nearly 30 years. In response, the 10-year Treasury yield moved lower, last seen at 1.48%. Wall Street is also unpacking an encouraging top-line beat from retail giant Nike (NKE), which is pacing Dow futures this morning. Continue reading for more on today's market, including: - This energy stock has room to run.
- A look at McAfee stock after its threat report.
- Plus, SPCE soars after FAA approval; a big upgrade to Netflix; and a labor shortage weighs on FedEx.
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