Morning Preview: February 09, 2026
Early Look
On February 9, 2026, U.S. stock index futures are showing a slight decline following a volatile end to the previous week. Investors are preparing for a significant week of economic data, including the January Employment Situation report and retail inflation figures. The S&P 500 experienced a minor drop of -0.1% last week, while the Nasdaq fell -1.84%. In contrast, the Dow Jones Industrial Average rose by 2.5%, closing above the 50,000 mark for the first time in history.
Market Performance
On the previous trading day, the S&P 500 Index increased by 133.90 points (1.97%) to 6,932.30, the Dow Jones surged by 1,206.95 points (2.47%) to 50,115.67, and the Nasdaq Composite rose by 490.63 points (2.18%) to 23,031.21. The Russell 2000 Index also saw gains, advancing 92.69 points (3.60%) to 2,670.34.
Economic Calendar
No major economic data is scheduled for today. However, key earnings reports are expected from various companies both before and after the market opens.
World News
In international news, Japanese Prime Minister Sanae Takaichi has pledged to cut the sales tax on food following a significant election victory, which is expected to stimulate the economy. Meanwhile, Chinese regulators are reportedly advising banks to reduce their holdings of U.S. debt due to concerns over market volatility.
Sector News Breakdown
Consumer Sector
Kroger's shares rose after the announcement of a new CEO, while Li Auto's ADRs were downgraded by JP Morgan due to competitive pressures in the electric vehicle market.
Energy, Industrials, and Materials
Cleveland Cliffs reported a Q4 adjusted EPS loss but expects improved steel shipment volumes in 2026. NatWest is set to acquire wealth manager Evelyn Partners for £2.7 billion.
Financials
Apollo Global Management reported strong earnings, while Block Inc. is considering workforce reductions as part of a company overhaul. Robinhood and SoFi Technologies received upgrades from analysts.
Healthcare
Hims & Hers Health shares fell after legal issues regarding a weight loss product, while Innovent Biologics extended its partnership with Eli Lilly for cancer treatments.
Technology, Media & Telecom
Dynatrace announced a new share repurchase program and raised its revenue outlook. Samsung Electronics is set to begin mass production of new memory chips, impacting competitors like Micron Technology.
Conclusion
The market is poised for a busy week ahead with significant economic data releases and earnings reports that could influence investor sentiment and market direction.