DraftKings' New Acquisition Soars

The Nasdaq is holding on to modest gains today

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Schaeffer's Midday Market Check
8/09/2021
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Dow, S&P 500 Pull Back Amid Record Job Openings


By: Laura McCandless

The Dow Jones Industrial Average (DJI) is down 70 points midday, pulling back from Friday's record highs as investors monitor choppy oil prices and the subsequent pressure on energy stocks. The S&P 500 (SPX) is also dipping from its Friday highs and quietly in the red, while the tech-heavy Nasdaq Composite (IXIC) maintains a modest gain. Meanwhile, U.S. job openings jumped to a higher-than-expected 10.1 million in June -- a fourth-straight record monthly high. To follow, the 10-year Treasury yield rose above the 1.3% level once again, while Bitcoin (BTC) climbs to a three-month high.

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

  • Get familiar with this video game stock amid M&A buzz. 
  • Unpacking Tyson Foods' impressive earnings beat.
  • Plus, options bears target SYY; big-time Bitcoin order boosts CAN; and AXSM plummets on FDA news.
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