The Dow is pointed 93 points lower this morning
| 8/09/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow Futures Slide Lower After Friday's Highs | By: Lillian Currens | Stock futures are mixed this morning, with futures on the Dow Jones Industrial Average (DJI) off roughly 93 points, pulling back from Friday's record highs, while the S&P 500 Index (SPX) is also taking a breather, as investors eye sinking oil prices and climbing Covid-19 cases. Futures on the Nasdaq-100 Index (NDX), meanwhile, are pointed marginally higher, getting a boost from Tesla (TSLA), which just scored an analyst upgrade. Wall Street is also monitoring the $1 trillion infrastructure bill in Washington, with U.S. senators reconvening over the weekend to work toward an agreement on the bipartisan deal. Oil futures, meanwhile, are extending last week's losses, weighed by tightening restrictions in China and an expectation for weakening demand. September-dated crude was last seen 4.3% lower at $65.33 per barrel. Continue reading for more on today's market, including: - Novavax stock plunged on a Covid-19 vaccine update.
- These cannabis stocks made major moves last week.
- Plus, DLTR gets a downgrade; TSN eyes post-earnings pop; and SAFM surges on buyout deal.
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