Daily Market Insights - February 26, 2026
Last Updated: 26-Feb-26 07:59 ET
Market Overview
Equity futures indicate a flat opening after solid gains in the previous session, driven by strong performance in the technology sector. S&P futures are up by 5 points, while Nasdaq futures are down by 2 points.
Key Earnings Reports
- NVIDIA (NVDA): Reported earnings that exceeded expectations, with record data center revenue, leading to a 1.5% increase in after-hours trading.
- Salesforce (CRM): Despite beating EPS expectations, the stock is down 3.1% due to cautious guidance.
- Snowflake (SNOW): Beat EPS and revenue expectations, up 1.9%.
Geopolitical Developments
The U.S. and Iran are set to hold nuclear negotiations, although reports suggest significant differences remain between the two parties.
International Market Activity
Asian markets showed mixed results, with Japan's Nikkei up 0.3% and South Korea's Kospi up 3.7%, reaching new records. European indices are mostly higher, with the STOXX Europe 600 up 0.2%.
Economic Data
- Japan's Leading Index exceeded expectations at 111.0.
- Singapore's Q4 GDP growth was reported at 2.1%.
- Eurozone's Business and Consumer Survey fell short of expectations at 98.3.
Sector Performance
The technology sector led the market, with notable gains in software stocks. The financial sector also performed well, while industrials and consumer staples lagged.
Conclusion
Overall, the market is showing resilience with a focus on upcoming earnings reports, particularly from major tech companies. Investors are closely monitoring geopolitical developments and economic indicators that could influence market sentiment.