The major indexes are pacing for monthly losses
| 9/30/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Stock Futures Higher to Close Out Volatile Month | By: Jacob Scott | Stock futures are pacing for a higher open this morning, but are still on track to close out an extremely volatile September with steep monthly losses. The 10-year Treasury yield is continuing to take a breather, putting wind at the sails of tech stocks. Also boosting sentiment this morning is Senate Majority Leader Chuck Schumer's comments that the chamber reached a deal to avoid a government shutdown, with a vote to be scheduled today. Meanwhile, new weekly jobless claims data was reported this morning, showing first-time claims for unemployment totaling 362,000 for the week that ended Sept. 25, above estimates of 335,000. In response, Dow Jones Industrial Average (DJI) futures were last seen up around 120 points, while futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) futures were also trading in the black. Continue reading for more on today's market, including: - Why bullish traders are keeping an eye on CAG.
- Square just announced a major partnership with TikTok.
- Plus, CarMax's earnings miss; Fubotv's new partnership; and drugmaker updates vaccine efficacy.
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