Last Week's "Meme Stock" Round-Up

Both the Dow and SPX are nearing their all-time highs

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Schaeffer's Opening View
6/07/2021
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Dow Futures Near Record Highs After Strong Week


By: Laura McCandless

Fresh off weekly wins for all three major indexes, Dow Jones Industrial Average (DJI) futures are up double-digits this morning, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures linger closer to flatline. Both the blue-chip index and SPX are looking to open near their all-time highs, while buzz around "meme stocks" continues to permeate through the broader market. Plus, over the weekend, the G-7 Nations have backed the U.S. in a historic global tax reform deal. 

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

  • Checking in with "meme stocks" after last week's buzz. 
  • A long-term moving average contained this bank stock pullback. 
  • Plus, KKR climbs after acquisition; Visa stock upgraded; and MGI drops after stock offering. 
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Want More Minute-to-Minute Updates?

Ranking the most volatile stocks Schaeffer's Volatility Scorecard

Midday check-in Midday Market Check

After the market close Market Recap

Last week's rundown 5 Minute Market Rundown

Analyzing the current market climate Monday Morning Outlook

What's on our CEO's radar this week Chart of the Week

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