Dow futures are headed for a shallow open in the red
| |  7/22/2021 | | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow Rally in Jeopardy Amid Disappointing Jobs Data | By: Lillian Currens | | Futures on the Dow Jones Industrial Average (DJI) are poised for a modest drop this morning, giving back some of their earlier gains after another round of weekly jobless data showed a surprise jump. Claims rose to 419,000 last week, much higher than the 350,00 expected by analysts. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also struggling to maintain yesterday's positive price action, as Wall Street pores over another round of earnings reports. Elsewhere, the 10-year Treasury yield is looking at muted gains, fresh off yesterday's rise to 1.29%. Continue reading for more on today's market, including: - How options traders prepared for last night's Whirlpool earnings.
- Should bulls consider Olympic Steel stock for their portfolio?
- Plus, 2 stocks sinking after earnings; and behind Biogen's beat-and-raise.
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