Futures on the Nasdaq-100 Index (NDX) are down triple digits to start the week, while Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) futures sit modestly lower as well. Gold and silver's Friday selloff appears to have spooked investors, potentially carrying over into other areas of the market. Bitcoin (BTC) is also plummeting, dropping below $80,000 for the first time since April over the weekend.
- January ended on a busy note last week.
- Deckers Outdoor issued a strong annual outlook.
- Plus, ORCL pops on plan to raise capital; DIS brushes off earnings beat; and MSTR's Bitcoin woes.
5 Things You Need to Know Today
- The Cboe Options Exchange saw over 3.1 million call contracts and more than 1.8 million put contracts traded on Friday. The single-session equity put/call ratio rose to 0.58, while the 21-day moving average remained at 0.58.
- The shares of Oracle Corp (NYSE:ORCL) are up 3.4% premarket, after the company announced a plan to raise up to $50 billion in 2026 to increase AI capacity for customers. The stock briefly dipped, however, after TD Cowen the tech giant could consider layoffs. Should these gains hold, ORCL will break into positive territory on a year-over-year basis.
- Walt Disney Co (NYSE:DIS) stock is down 2% in electronic trading, despite a fiscal first-quarter earnings and revenue beat. The experiences division hit over $10 billion in revenue for the first time on record, though the company also missed estimates for net profit due to higher costs. Heading into today, DIS is down 0.9% in 2026.
- Strategy Inc (NASDAQ:MSTR) stock is down 7.1% as Bitcoin tumbles, with the company hinting at purchasing even more of the cryptocurrency. Set to open at 52-week lows, MSTR is down 56% year over year.
- More big name earnings and jobs data on tap this week.
Trading Halted in South Korea
Asian markets suffered steep losses across the board today, after South Korea’s Kospi had trading halted temporarily following a steep intraday selloff. The index settled 5.3% lower for the day. Meanwhile, the RatingDog China General Manufacturing Purchasing Managers’ Index (PMI) showed a rise to 50.3 for factory data in January, matching analyst expectations and indicating expansion. However, China’s Shanghai Composite fell 2.5%, while Japan’s Nikkei shed 1.3% and Hong Kong’s Hang Seng lost 2.2%.
European stocks are pushing higher, brushing off an open in the red, with the mining sector leading the charge. At last glance, London’s FTSE 100 and France’s CAC 40 are both up 0.6%, while Germany’s DAX sports a 0.8% gain.
