Morning Preview: February 10, 2026

Early Look

U.S. stock futures are showing mixed signals following strong gains on Monday, which set a positive tone for the trading week. Investors are awaiting key economic data, including jobs data on Wednesday and inflation CPI data on Friday. After a two-week sell-off, technology stocks have rebounded, particularly in the semiconductor and software sectors. A busy earnings morning is anticipated with major companies like Ford and Coca-Cola reporting, alongside the release of December retail sales numbers, which will provide insights into the economy's health. Additionally, an ADP weekly employment report will precede Wednesday's crucial January jobs report, especially significant after recent signs of labor market softening. The Consumer Price Index (CPI) reading due on Friday will further illuminate inflation pressures.

Market Overview

Futures

• Dow: +25.00 (0.05%) - 50,244
• S&P 500: +7.00 (0.10%) - 6,990
• Nasdaq: +9.50 (0.04%) - 25,363

Market Closing Prices Yesterday

• S&P 500: +32.52 (0.47%) - 6,964.82
• Dow Jones: +20.20 (0.04%) - 50,135.87
• Nasdaq: +207.46 (0.90%) - 23,238.67
• Russell 2000: +18.71 (0.70%) - 2,689.05

Economic Calendar for Today

• 6:00 AM ET: NFIB Small Business Optimism for January
• 8:30 AM ET: Retail Sales M/M for December (est. +0.4%)
• 10:00 AM ET: Business Inventories M/M for November (est. +0.2%)
• 1:00 PM ET: US Treasury to sell $58B in 3-year notes
• 4:30 PM ET: API Weekly Inventory Data

Sector News Breakdown

Consumer Sector

• Chegg Inc. (CHGG) reported Q4 adjusted EBITDA of $12.9M, exceeding estimates.
• Good Year Tire (GT) reported Q4 adjusted EPS of $0.39, below estimates.
• Hasbro (HAS) reported Q4 adjusted EPS of $1.51, significantly above consensus.
• Under Armour (UAA) downgraded to Sell by Citigroup due to competitive pressures.

Energy, Industrials, and Materials

• AECOM (ACM) reported Q1 adjusted EPS of $1.29, raising FY26 EPS outlook.
• CSX (CSX) signed a $670M deal with Wabtec Corporation for locomotive upgrades.
• Dupont (DD) reported Q4 EPS of $0.46, slightly above estimates.

Financials

• Arch Capital Group (ACGL) reported Q4 adjusted EPS of $2.98, exceeding consensus.
• Cincinnati Financial (CINF) reported Q4 EPS of $3.37, topping estimates.

Healthcare

• CVS Health (CVS) reported Q4 adjusted EPS of $1.09, above consensus.
• Medpace (MEDP) reported Q4 EPS of $4.67, exceeding estimates.

Technology, Media & Telecom

• Alibaba Group (BABA) launched an AI model for real-world tasks.
• Cisco Systems (CSCO) introduced a new chip to enhance data center performance.

World News

The Trump administration plans to exempt major tech companies like Amazon, Google, and Microsoft from upcoming tariffs on chips, which are crucial for building data centers that support the AI boom. This exemption will be linked to investment commitments from Taiwan Semiconductor (TSM).