Tuesday, March seventeenth, 2026
It’s St Patrick’s Day, positive’n begorrah, and pre-market futures are preventing again into the inexperienced, the place they closed Monday. Tensions concerning the Center East basically and the Strait of Hormuz particularly seem to have loosened, however it’s most likely greatest to deal with this as an ongoing scenario value checking again in with. As of proper now, the Dow is +88 factors, +0.19%, the S&P 500 is +8 factors, +0.12%, the Nasdaq +13, +0.05%, and the small-cap Russell 2000 +2 factors, +0.1%.
We’re mild on each earnings reviews and financial releases this morning, with Pending Dwelling Gross sales for February hitting the tape a half-hour after the open. Expectations are for an additional slight slip, -1.0%, following -0.8% the prior month, and this speaks to the continuing morass within the home housing business — significantly on the non-luxury aspect. For earnings, whereas we did see Tencent Music Leisure TME meet earnings and see its share value bounce forward of the open, the principle reportage occurs after the shut immediately.
As soon as we’ve closed the common buying and selling session, lululemon LULU, DocuSign DOCU and nuclear reactor designer Oklo OKLO report quarterly outcomes. Whereas LULU expects detrimental earnings progress, -22.3%, DOCU is anticipated to achieve +10.5% on its backside line. As for OKLO, it has but to be publicly traded a full 12 months but, although earnings are anticipated to come back in mild for the quarter.
As we talked about yesterday, Wednesday is the most important day for each earnings and financial prints: Macy’s M reviews forward of the open and Micron MU follows the shut, whereas the Producer Worth Index (PPI) — the wholesale print on month-to-month inflation — brings us February numbers. 12 months-over-year PPI has been dancing above and slightly below +3%, clearly greater than Fed Chair Powell’s optimum +2% inflation; we’ll see if something adjustments, whereas holding clear that we’re at present embarking on new international financial realities these numbers received’t present.
Talking of Fed Chair Powell, his penultimate Federal Open Market Committee (FOMC) assembly begins immediately and concludes tomorrow — with a near-100% certainty that rates of interest is not going to change from the +3.50-3.75% vary they’ve been in since December. Will probably be the primary Fed assembly for the reason that U.S. and Israel started its newest bombing marketing campaign on Iran, so Powell’s feedback could also be value listening to, particularly as he solely has a two-month future as head of the Fed.
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Macy’s, Inc. (M) : Free Inventory Evaluation Report
Micron Expertise, Inc. (MU) : Free Inventory Evaluation Report
lululemon athletica inc. (LULU) : Free Inventory Evaluation Report
Docusign Inc. (DOCU) : Free Inventory Evaluation Report
Tencent Music Leisure Group Sponsored ADR (TME) : Free Inventory Evaluation Report
Oklo Inc. (OKLO) : Free Inventory Evaluation Report
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