{"id":129518,"date":"2021-06-21T11:06:04","date_gmt":"2021-06-21T11:06:04","guid":{"rendered":"https:\/\/precoinnews.com\/?p=129518"},"modified":"2021-06-21T11:06:04","modified_gmt":"2021-06-21T11:06:04","slug":"stock-futures-pop-feds-powell-amazon-in-focus","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/stock-futures-pop-feds-powell-amazon-in-focus\/","title":{"rendered":"Stock futures pop Fed\u2019s Powell, Amazon in focus"},"content":{"rendered":"<h2>Retail investors have &#8216;never been more equipped to access the markets&#8217;: Expert<\/h2>\n<p>Strategic Wealth Partners wealth adviser Luke Lloyd and Surevest CEO Rob Luna weigh in on the growing influence of retail investors and the state of Big Tech stocks.<\/p>\n<p>U.S. stock futures rose in early trading Monday as investors position themselves ahead of key testimony on the state of the economy from Federal Reserve Chairman Powell on Tuesday.&#xA0;<\/p>\n<p>Dow futures were higher by nearly 200 points or 0.62%. S&amp;P and Nasdaq futures also rose in tandem.&#xA0;<\/p>\n<p><strong><u>AMAZON PRIME DAY, GAMESTOP&apos;S RUSSELL FATE, NIKE EARNINGS TOP WEEK AHEAD<\/u><\/strong><\/p>\n<p>The <u>upcoming week<\/u> includes earnings from big names including Nike and FedEx, along with a fresh batch of <u>economic reports<\/u>, including GDP, which may be the strongest read in years.&#xA0;<\/p>\n<p>Retailers in focus as Amazon kicks off its Prime Day, which gives shoppers a bevy of deals.&#xA0;<\/p>\n<p>WALMART, TARGET, KOHL&apos;S TAKE ON AMAZON&apos;S PRIME DAY<\/p>\n<table>\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>AMZN<\/td>\n<td>AMAZON.COM, INC.<\/td>\n<td>3,486.90<\/td>\n<td>-2.34<\/td>\n<td>-0.07%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Other retailers including Walmart, Target and Kohl&apos;s are stepping up deals as well.&#xA0;<\/p>\n<table>\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>WMT<\/td>\n<td>WALMART, INC.<\/td>\n<td>135.17<\/td>\n<td>-2.55<\/td>\n<td>-1.85%<\/td>\n<\/tr>\n<tr>\n<td>TGT<\/td>\n<td>TARGET CORP.<\/td>\n<td>230.53<\/td>\n<td>-0.69<\/td>\n<td>-0.30%<\/td>\n<\/tr>\n<tr>\n<td>KSS<\/td>\n<td>KOHL&#8217;S CORP.<\/td>\n<td>50.49<\/td>\n<td>-1.56<\/td>\n<td>-3.00%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Investors are dipping back into stocks after Friday&apos;s drop prompted by St. Louis Fed President James Bullard&apos;s comment to CNBC that a rate hike could come next year &#x2013; ahead of the Fed&apos;s 2023 target disclosed Wednesday. The yield on the 10-year note slipped below 1.45% and closed at its lowest level since March 2.<\/p>\n<table>\n<thead>\n<tr>\n<th class=\"ticker\">Ticker<\/th>\n<th class=\"security\">Security<\/th>\n<th class=\"last\">Last<\/th>\n<th class=\"change\">Change<\/th>\n<th class=\"percent\">Change %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>I:DJI<\/td>\n<td>DOW JONES AVERAGES<\/td>\n<td>33290.08<\/td>\n<td>-533.37<\/td>\n<td>-1.58%<\/td>\n<\/tr>\n<tr>\n<td>SP500<\/td>\n<td>S&amp;P 500<\/td>\n<td>4166.45<\/td>\n<td>-55.41<\/td>\n<td>-1.31%<\/td>\n<\/tr>\n<tr>\n<td>I:COMP<\/td>\n<td>NASDAQ COMPOSITE INDEX<\/td>\n<td>14030.375849<\/td>\n<td>-130.97<\/td>\n<td>-0.92%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The Dow Jones Industrial Average fell 532 points, or 1.57%, declining for a fifth straight day, while the S&amp;P 500 and the Nasdaq Composite lost 1.31% and&#xA0;0.92%, respectively.&#xA0;<\/p>\n<p><strong>CLICK HERE TO READ MORE ON FOX BUSINESS<\/strong><\/p>\n<p>Source: <a href=\"https:\/\/www.foxbusiness.com\/markets\/stocks-powell-fed-amazon-economy\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail investors have &#8216;never been more equipped<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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