Good Monday morning traders and investors of the r/stocks sub! Welcome to the new trading week and a fresh start! Here are your pre-market stock movers & news on this Monday, February 13th, 2023-
Stock futures tick higher as Wall Street tries to rebound from a rocky week: Live updates
U.S. stock futures were slightly higher Monday as traders tried to regain their footing following the S&P 500′s and Nasdaq Composite’s worst weekly performances in nearly two months.
S&P 500 futures rose 0.33%. Dow Jones Industrial Average gained 57 points, or 0.17%, while Nasdaq-100 futures climbed 0.61%.
All three major indexes ended the week on a downturn. The Dow ended the week down 0.17%. The S&P 500 fell 1.11%, and the tech-heavy Nasdaq slid 2.41%, marking their biggest weekly losses since December.
These losses came after Federal Reserve Chairman Jerome Powell said that there is still a long way to go in the fight against inflation. Powell also noted that interest rates could rise more than markets anticipate if inflation numbers do not abate, reversing some of the prior market optimism that rate hikes would soon ease.
“The risk, however, is that premature easing in financial conditions, and in turn, a pick up in growth expectations, may be counterproductive from an inflation fighting point of view. Indeed, post the hot January payrolls report, a number of Fed speakers this week have talked up rates expectations, pushing back on Powell’s dovish talk.” Barclays analyst Emmanuel Cau wrote in a Friday note. “As a result, the disconnect between the Fed’s own rates forecasts and market pricing has noticeably narrowed, which has hurt US equities.”
Investors are watching out for the consumer price index numbers on Tuesday for insight into the pace of inflation, as well as retail sales data.
The final leg of earnings season also continues next week, with Coca-Cola, Marriott, Cisco, Marathon and Paramount set to report.
STOCK FUTURES CURRENTLY:
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LAST WEEK'S MARKET MAP:
(CLICK HERE FOR LAST WEEK'S MARKET MAP!)
TODAY'S MARKET MAP:
(CLICK HERE FOR TODAY'S MARKET MAP!)
LAST WEEK'S S&P SECTORS:
(CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!)
TODAY'S S&P SECTORS:
(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)
TODAY'S ECONOMIC CALENDAR:
(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)
THIS WEEK'S ECONOMIC CALENDAR:
(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)
THIS WEEK'S UPCOMING IPO'S:
(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)
THIS WEEK'S EARNINGS CALENDAR:
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)
THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)
EARNINGS RELEASES BEFORE THE OPEN TODAY:
(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)
EARNINGS RELEASES AFTER THE CLOSE TODAY:
(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)
FRIDAY'S ANALYST UPGRADES/DOWNGRADES:
(CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)
(CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)
FRIDAY'S INSIDER TRADING FILINGS:
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TODAY'S DIVIDEND CALENDAR:
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!)
THIS MORNING'S STOCK NEWS MOVERS:
(source: [cnbc.com]())
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STOCK SYMBOLS: (N/A.)
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FULL DISCLOSURE:
/u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk.
DISCUSS!
What's on everyone's radar for today's trading day ahead here at r/stocks?
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