Stock futures look ready to move on from a very manic Monday. Futures on the Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are cautiously higher, while S&P 500 Index (SPX) futures have moved into the black as well. Home Depot's (HD) upbeat earnings could prop up the blue-chip index, while tech stocks are getting a boost after Advanced Micro Devices' (AMD) chip supply deal with Meta Platforms (META). Elsewhere, Chicago Federal Reserve President Austan Goolsbee called for a pause in interest rate cuts until there is more proof inflation is moving in the right direction.
- Options bulls unfazed by lagging crypto stock.
- Nvidia earnings: Just how impactful are they?
- Plus, more on AMD's Meta deal; and two stocks cooling off after earnings.
5 Things You Need to Know Today
- The Cboe Options Exchange saw 2.3 million call contracts and 1.4 million put contracts traded on Monday. The single-session equity put/call ratio fell to 0.63, while the 21-day moving average remained at 0.59.
- Advanced Micro Devices Inc (NASDAQ:AMD) stock is 10.2% higher before the open, after the chipmaker secured a $60 billion supply deal with Meta Platforms (META). Prior to today, AMD stock was down 8.2% in 2026.
- Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) stock is down 2.3% ahead of the open, after the company's disappointing EBITDA outlook for the first quarter overshadowed a top- and bottom-line line beat for the fourth quarter. KTOS is 24% higher year to date and has support in place at its 126-day moving average.
- The shares of DigitalOcean Holdings Inc (NYSE:DOCN) are 1.6% lower in electronic trading, despite the data center company's fourth-quarter earnings and revenue beat. DOCN -- a top stock pick for 2026 -- is up 23% in 2026 going into today, and is fresh off a Feb 13, four-year high of $70.43.
- Inflation data will close out the week.
China Keeps One-Year Loan Prime Rate Unchanged
Asian markets finished the day all over the place, with AI valuation concerns weighing on sentiment. More tariff threats also loomed, after President Donald Trump posted on Truth Social there will be consequences for anyone who “plays games” with the Supreme Court decision. Hong Kong’s Hang Seng fell 1.8% as healthcare stocks dragged. On the flip side, it was another session of record highs for the Kospi in South Korea, which surged 2.1%. Japan’s Nikkei tacked on 0.9% and China’s Shanghai Composite gained 0.9%, the latter in focus after the one-year loan prime rate remained unchanged by China’s central bank at 3%.
European stocks are moving lower, as investors continue to monitor the uncertainty of Trump’s renewed tariff threat, with it still unclear if the U.K. would be exempt. At last check, London’s FTSE 100 is off 0.1%, France’s CAC 40 is down 0.06%, and Germany’s DAX has shed 0.3%.