Futures on the Dow are pointed roughly 149 points lower
| |  7/15/2021 | | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow Futures Eye Triple-Digit Tumble as Bond Yields Weigh | By: Lillian Currens | | Even with the roll out of better-than-expected earnings reports from the financial sector, stocks are pointed lower this morning. Dow Jones Industrial Average (DJI) is eyeing a 150-point drop, while the S&P 500 Index (SPX) is sitting firmly in the red and the Nasdaq-100 Index (NDX) is struggling for direction. The recent pullback for bond yields is sparking some of Wall Street's anxiety, as many are worried about what the move means for a speedy global economic recovery. Meanwhile, this week's jobless claims came in at 360,000, marking a new pandemic-era low and falling in line with expectations. Continue reading for more on today's market, including: - What options players were pricing in for UNH ahead of earnings.
- Steel stock that's a good long-term bet for bulls.
- Plus, AIG surges on Blackstone sale; NLOK in buyout talks; and JNJ's sunscreen recall.
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