Target These Stocks For Labor Day Week

Dow futures are up triple digits

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Schaeffer's Opening View
9/01/2021
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Stock Futures Shrug Off Alarming Jobs Data


By: Jake Scott

Stock futures are higher to begin September, as the S&P 500 Index (SPX) looks to build on its seven-month winning streak. Futures on the Dow Jones Industrial Average (DJI) are eyeing a triple-digit pop, while Nasdaq-100 Index (NDX) futures boast a modest lead, even after less-than-stellar jobs data rolled in. The ADP employment report showed private payrolls increasing by just 374,000, far below Wall Street's estimate of 600,000. Elsewhere, oil prices will be in focus amid the Hurricane Ida fallout and ahead of the OPEC+ meeting later today. 

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

  • Schaeffer's Senior Quantitative Analyst Rocky White presents the best and worst stocks to own this Labor Day.
  • Why options traders blasted Digital Turbine stock.
  • Plus, unpacking Campbell Soup's earnings report; Nio's dismal delivery outlook; and Sunrun stock's bull note. 
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