Bet on This Energy Stock's Bounce

Dow and S&P futures are eyeing more modest gains

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Schaeffer's Opening View
7/01/2021
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Stock Futures Muted as Second Half of 2021 Gets Underway


By: Lillian Currens

Dow Jones Industrial Average (DJI) futures are eyeing more gains to kick off the second half of 2021, last seen up 73 points as reopening and energy stocks build strength. S&P 500 Index (SPX) is also continuing its climb, after yesterday notching its fifth-straight all-time high, as well as its fifth monthly win in a row. Futures on the Nasdaq-100 Index (NDX), meanwhile, continue to cool, and are set to open just below breakeven. Investors are poring over this morning's weekly jobless claims data, which came in at 364,000 -- well below analysts estimates and marking a new pandemic-era low -- while looking ahead to Friday's closely monitored jobs report, with the addition of 683,000 positions expected for June. 

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

  • GEVO has pulled back to this historically bullish trendline
  • Looking back at what went wrong with Altimmune stock yesterday. 
  • Plus, WBA's beat-and-raise; Micron makes a million-dollar sale; and Boeing names new CFO. 
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