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Disney, Apollo, Coherent, Tesla: What to Watch When the Stock Market Opens Today

disney,-apollo,-coherent,-tesla:-what-to-watch-when-the-stock-market-opens-today

Here’s what we’re watching before Monday’s trading action begins.

U.S. stock futures wavered and a selloff in U.S. government bonds extended into its sixth week after progress toward a new fiscal stimulus bill brightened economic prospects and sapped demand for technology stocks.

Futures linked to the S&P 500 were flat and Nasdaq-100 futures fell 0.5%. In the bond market, the yield on benchmark 10-year US. Treasurys rose to 1.590%. It had ended Friday at 1.551%, its highest since February 2020.

What’s Coming Up

Earnings are due from Casey’s General Stores , Stitch Fix and Del Taco Restaurants after the closing bell.

U.S. wholesale inventories for January, due at 10 a.m., are expected to increase 0.9% from the prior month.

What do you think?

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