Where BBY Stands Ahead of Earnings

All three major indexes are pointed higher this morning

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Schaeffer's Opening View
8/23/2021
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Dow Futures Eye Triple-Digit Pop Ahead of Fed Comments


By: Fernanda Horner

Stock futures are pointed higher this morning, taking back ground after Friday's steep weekly losses. Futures on the Dow Jones Industrial Average (DJI) are looking at a 170-point pop, while Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) futures are firmly in the black as well. Investors are looking ahead to the Jackson Hole symposium, which takes place on Thursday and Friday, and could offer hints as to the Federal Reserve's timeline for tapering off stimulus. Elsewhere, Bitcoin (BTC) surged to a three-month high of $50,000 on Sunday.  

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

  • This software name scored a fresh record high after its quarterly win.
  • Best Buy stock is looking to outperform after its earnings report.
  • Plus, Paypal expands crypto services; why General Motors lost $1 billion; and Coinbase Global stock rides Bitcoin's surge.
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