Tesla, Apple, GameStop and WallStreetBets - 5 Things You Must Know Thursday TheStreet 1/28/2021
Here are five things you must know for Thursday, Jan. 28:
1. Stock Futures Turn Mixed, Apple and Tesla Slide
Stock futures traded mixed Thursday after shares of Apple and Tesla declined following quarterly earnings that disappointed traders.
Contracts linked to the Dow Jones Industrial Average rose 51 points, S&P 500 futures edged up 2 points and Nasdaq futures were down 51 points.
Stocks tumbled Wednesday, posting their biggest drop since October, as shares of technology giants fell sharply and Federal Reserve Chairman Jerome Powell was cautious about the outlook for a U.S. economic recovery. The Dow fell 633 points, or 2.05%, the S&P 500 declined 2.57% and the Nasdaq slumped 2.61%.