[ad_1]
Updated June 28, 2021 at 7:02 a.m. ET
Futures meander near the flat line after Friday’s record close on Wall Street. Here’s what we were watching before the opening bell on Monday.
Futures for the S&P 500, which closed Friday at its 31st all-time high of the year, fluctuated between moderate gains and losses. Contracts on the Dow Jones Industrial Average edged down 0.1%. Futures on the Nasdaq-100 rose 0.2%, indicating modest gains for tech stocks. Bitcoin is having a good morning, increasing by more than 5%. Gold and oil have remained virtually unchanged. Whats Coming Up The Texas Manufacturing Outlook Survey for June is expected at 10:30 a.m. ET. Profits are due by LiveXLive Media LIVX 2.93% after closing. Market Players to Watch Carnival CCL Shares of 2.44% are down 2.3% pre-market. The cruise line said last week that its loss for the second quarter had narrowed, and the company’s chief executive said it was working to get its entire fleet back into service by next spring. Royal Caribbean RCL 2.59% also fell 1.6%. Virgin Galactic SPCE 38.87% booster rockets spring into action. Its shares rose more than 7% pre-market, building on a 39% gain on Friday after the company got the green light from U.S. officials to begin transporting fare-paying passengers to the edge of space. Virgin Galactics VSS Unity was released from its mothership, VMS Eve, en route to its first space flight after launching from Spaceport America, NM on May 22, 2021. Photo: Reuters United Rentals URI -1.21% was up 2.3% before marketing. UBS UBS 0.13% raised its rating and target price for the stock of equipment rental companies. Bitcoin wallet provider Coinbase COIN -2.34% Global received a boost from the rise in cryptocurrencies early on Monday. Coinbase shares gained 1.7%. Bitcoin miners were also winning, with Riot Blockchain RIOT -3.09% up 2.8% and Marathon Digital MARA -4.38% up 2.9%. Market Facts The New York Stock Exchange on Friday recorded its largest trading volume in more than three months, with more than 7.6 billion shares changing hands. Shares of Trade Desks jumped 16%, pushing up sharply among other so-called ad-tech players, after Google on Thursday announced plans to delay its phase-out of third-party tracking cookies. Chart of the Day Broad market performance indicators are multiplying in ways few on Wall Street have ever seen, hiding volatility beneath the surface. Must read since you went to bed
Copyright 2020 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
[ad_2]
picture credit