Monday, March sixteenth, 2026
Pre-market futures are off the early morning highs proper earlier than 8:00am this morning, however nonetheless solidly within the inexperienced this week of St. Paddy’s Day. The Dow is +313 factors at this hour, +0.67%, the S&P 500 +59 factors, +0.89%, the Nasdaq +265 factors, +1.09% and the small-cap +27 factors, +1.11%.
The principle purpose for this new-found optimism? Crude oil futures are down. The WTI spot worth is again under $100 per barrel (/bbl) to $95.82/bbl, down practically -3%. Brent crude can also be decrease, however by a extra stingy -0.57% to $102.55/bbl. There have been no new calamities within the Center East over the weekend (the already established calamities had been sufficient, apparently), so buyers come into a brand new buying and selling week with an added dollop of hopefulness.
Empire State Manufacturing -0.2 in March
For the primary time since December, the Empire State Manufacturing Survey got here in with a adverse headline for March: -0.2. Analysts had been anticipating this to come back in round +3 or +4, however with Shipments falling off and Supply Instances greater than tripling for the month. That is the third adverse print prior to now 9 months, with capital spending anticipated to select up considerably within the months forward.
Greenback Tree Beats on This fall Earnings
Forward of at this time’s open, low cost retailer Greenback Tree DLTR outperformed on This fall earnings by 3 cents to $2.56 per share. Revenues of $5.49 billion improved over the anticipated $5.47 billion, and shares are up +1.4% on the information up to now in at this time’s pre-market. This takes a modest chunk out of the corporate’s -12% loss in share worth yr thus far.
What to Anticipate from the Inventory Market This Week
We’ve obtained round 4 weeks earlier than the large banks begin reporting Q1 earnings numbers, signaling the unofficial begin of one other earnings season. However this week, we’ve many massive gamers reporting earnings, even when the general quantity of corporations is low. Oklo OKLO and lululemon LULU report Tuesday, Micron MU and Macy’s M spotlight Wednesday, and FedEx FDX and Alibaba BABA publish numbers on Thursday.
When it comes to financial studies, Producer Value Index (PPI) numbers — the wholesale inflation indicator, in contrast with the retail Client Value Index (CPI) which reported final week — will come out for February. Within the final print, headline year-over-year PPI was +2.9%, +3.4% on core. These are among the many warmest inflation reads we’ve seen of late, and we must also take into accout they’ll replicate wholesale costs previous to the U.S./Israel invasion of Iran.
Additionally, a brand new Federal Open Market Committee (FOMC) assembly is scheduled for Wednesday, as Fed Chair Jerome Powell continues the ultimate lap of his tenure and a 100% chance that the Fed won’t transfer from its 3.50-3.75% fee established in December of final yr. Yet one more FOMC assembly, in late April, will mark Powell’s final — assuming nominated Fed Chair Kevin Warsh will get via the present friction on Capitol Hill relating to the Fed.
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Macy’s, Inc. (M) : Free Inventory Evaluation Report
Greenback Tree, Inc. (DLTR) : Free Inventory Evaluation Report
Micron Know-how, Inc. (MU) : Free Inventory Evaluation Report
FedEx Company (FDX) : Free Inventory Evaluation Report
lululemon athletica inc. (LULU) : Free Inventory Evaluation Report
Alibaba Group Holding Restricted (BABA) : Free Inventory Evaluation Report
Oklo Inc. (OKLO) : Free Inventory Evaluation Report
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