Morning Preview: March 05, 2026
Early Look
On Thursday, March 5, 2026, U.S. futures are showing mixed signals following a strong rebound in U.S. stocks the previous day. Investors are awaiting the monthly jobs report due tomorrow and are processing ongoing geopolitical tensions, particularly the U.S./Israel–Iran conflict, which has now extended into Asia. Notably, semiconductor chip maker Broadcom (AVGO) saw its shares rise due to strong earnings and positive guidance related to AI partnerships, although Nasdaq futures remain flat.
Market Performance
Futures Overview
- Dow: -83.00 points (-0.17%) at 48,713
- S&P 500: +0.25 points (+0.01%) at 6,876
- Nasdaq: +7.50 points (+0.03%) at 25,135
Global Market Updates
In Asian markets, the Nikkei Index surged by 1,032 points to 55,278, while the Shanghai Index and Hang Seng Index also saw gains. The Korean Kospi rebounded nearly 10% after entering bear market territory. In Europe, the German DAX and FTSE 100 experienced slight increases. Bitcoin prices have stabilized after a recent surge above $72,000. Additionally, China announced a significant injection of 300 billion yuan into state-owned banks to mitigate systemic risks and support technology financing amid rising U.S. competition.
Market Closing Prices Yesterday
- S&P 500: +52.87 points (+0.78%) at 6,869.50
- Dow Jones: +238.14 points (+0.49%) at 48,739.41
- Nasdaq Composite: +290.79 points (+1.29%) at 22,807.48
- Russell 2000: +27.66 points (+1.06%) at 2,636.01
Economic Calendar for Today
- 6:00 AM ET: Challenger Layoffs for February
- 8:30 AM ET: Weekly Jobless Claims (est. 215K)
- 8:30 AM ET: Continuing Claims (est. 1.85M)
- 8:30 AM ET: Import Prices M/M for January (est. +0.2%)
- 8:30 AM ET: Export Prices M/M for January (est. +0.3%)
- 8:30 AM ET: Nonfarm productivity for Q4 (est. +1.9%)
- 8:30 AM ET: Unit Labor Costs for Q4, preliminary (est. +2.0%)
- 10:30 AM ET: Weekly EIA Natural Gas Inventory Data (est. -121 bcf)
Earnings Calendar
Earnings Before the Open: AMPX, ATHM, BILI, BJ, BURL, BVS, CIEN, DSGR, EVGN, FTCI, GOTU, GSL, JD, KR, MDWD, OLPX, PKOH, PMTS, RNGR, SSYS, TNGX, TOUR, VSCO, WLY
Earnings After the Close: AEYE, AKA, ASLE, COO, COOK, COST, ERO, EVC, GAP, GDYN, GEVO, GPRO, GWRE, III, IOT, MEOH, MRVL, NX, OPRX, PBR, PRTS, SOBO
World News
China has outlined a five-year plan to enhance scientific advancements and integrate AI into its economy, emphasizing technological supremacy as a national security priority. The country has set a growth target of 4.5%–5% for 2026, slightly lower than the previous year's target.
Sector News Breakdown
Consumer Sector
American Eagle Outfitters reported better-than-expected earnings, while ChargePoint's revenue growth fell short of expectations. Cracker Barrel and Grocery Outlet also reported mixed results, with both companies guiding lower for future earnings.
Financials
Franklin Resources reported an increase in assets under management, while Robinhood launched a new premium credit card. Webull Corp. reported significant revenue growth in its first year as a public company.
Healthcare
Several healthcare companies reported earnings that missed expectations, including Aquestive Therapeutics and Cross Country Healthcare. Eli Lilly announced a new platform to connect employers with low-cost benefits related to obesity care.
Technology, Media & Telecom
Broadcom's earnings exceeded expectations, and the company announced a significant share repurchase program. Iren Limited is expanding its GPU fleet to support AI revenue growth, while Trade Desk's shares rose on news of potential partnerships with OpenAI.
Conclusion
The market is poised for a mixed opening as investors await key economic data and navigate geopolitical tensions. Earnings reports from various sectors will also play a crucial role in shaping market sentiment.