Overview
On February 13, 2026, the US Consumer Price Index (CPI) data for January was released, showing a year-on-year increase of 2.4%. This figure was slightly below market expectations of 2.5% and down from the previous month's rate of 2.7%. The monthly increase was reported at 0.2%, which also fell short of the anticipated 0.3% and matched the previous month's increase.
Market Reaction
In response to the lower-than-expected inflation data, the Nasdaq 100 futures contract experienced a rebound, indicating a positive market sentiment regarding the reduced inflation risks in the US economy. This reaction suggests that investors are optimistic about potential monetary policy adjustments in light of the new inflation figures.
Market Outlook
As the market digests the CPI data, analysts are closely monitoring the implications for future interest rate cuts. The daily summary indicated that the market is recovering from previous losses and is looking for direction as it anticipates potential changes in monetary policy.
Additional Insights
In related news, IBM has made headlines by significantly increasing its hiring of entry-level employees, a move that contrasts with broader trends in the tech industry. This development may reflect a strategic shift within the company as it seeks to bolster its workforce amid changing market conditions.