The market is little changed after Friday's massive gains, with futures on the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq-100 Index (NDX) all sitting modestly below breakeven before the open. The tech sector appears to have stabilized, while Bitcoin's (BTC) rebound is stalling below 70,000. Looking ahead, there will be speeches from several Federal Reserve officials throughout the day.
- Diving into last week's major selloffs.
- Retail stock could be ready for a comeback.
- Plus, ORCL upgraded; KR rises on new CEO rumors; and STM pops on expanded partnership.
5 Things You Need to Know Today
- The Cboe Options Exchange saw over 2.8 million call contracts and more than 1.6 million put contracts traded on Friday. The single-session equity put/call ratio fell to 0.58, while the 21-day moving average remained at 0.58.
- Oracle Corp (NYSE:ORCL) stock is up 4.6% premarket, after an upgrade to "buy" from "neutral" at D.A. Davidson. The brokerage firm cited expectations that OpenAI will meet its obligations to the tech giant. ORCL is already down 26.7% in 2026, but snapped an eight-day losing streak with Friday's win.
- Shares of Kroger Co (NYSE:KR) are up 5.9% before the bell, after reports that the grocery chain will name former Walmart (WMT) executive Greg Foran as its CEO. Coming into today, KR is up 8% in 2026.
- STMicroelectronics NV (NYSE:STM) stock is up 7.7% in electronic trading, after news of the company's expanded chip partnership with Amazon Web Services (AWS). STM sports a 15.1% year-to-date lead.
- More on the earnings reports and economic data due out this week.
Japan's Nikkei Hits Another Record
Asian markets settled higher across the board on Monday, with Japan’s Nikkei hitting a record high before settling 3.9% higher, after Prime Minister Sanae Takaichi won the election and the Liberal Democratic Party secured a two-thirds supermajority in the lower house. The ‘Takaichi trade’ –an expectation for relaxed monetary policy and higher government spending to boost growth – has powered the Nikkei in recent months. Elsewhere, South Korea’s Kospi tacked on 4.1%, while Hong Kong’s Hang Seng and China’s Shanghai Composite added 1.8% and 1.4%, respectively.
European markets are mixed, as investors unpack earnings as well as massive logistics M&A news that Advent and FedEx (FDX) teamed up to buy InPost for $9.2 billion. At last glance, London’s FTSE 100 is 0.2% lower, France’s CAC 40 is flat, and the German DAX is 0.4% higher.
