📈 Stock Market News: Futures cling to gains after worst day since May
Here's what is happening in the markets today, Tuesday, September 21st
Here's what is happening in the markets today, Tuesday, September 21st:
- Yesterday the S&P and NASDAQ had their worst day since May.
- Lawmakers are trying to pass a bill that will prevent a government shutdown and raise the debt ceiling through the end of 2022.
- The VIX (aka "Fear Gauge") closed at highs not seen since May.
- Airlines bucked the sell off yesterday after the White House said that fully vaccinated international travelers will be allowed to travel to the U.S.
- Coinbase (COIN) has dropped its plans to launch its lending product after the SEC threatened to sue the company.
- Uber (UBER) is on the move, up 5.0% pre-market after raising its outlook for the 3rd quarter.
- Gas stocks are seeing a bit of a rally pre-market after yesterday's slide.
- Enphase Energy (ENPH) — Enphase Energy shares up almost 2.0% after KeyBanc initiated coverage of the stock with an overweight rating.
- Big Lots (BIG) — Shares of Big Lots fell more than 1% in early morning trading after Piper Sandler downgraded the stock.
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