Stock futures fall as Wall Street awaits the Fed’s preferred inflation gauge: Live updates

40 Mins Ago

Treasury yields tick higher ahead of PCE

U.S. Treasury yields were up slightly as traders awaited the latest PCE report. The benchmark 10-year Treasury note yield was up 3 basis points at 4.303%. The 2-year note yield also climbed 3 basis points to 4.679%.

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Yields tick higher

12 Hours Ago

Dow heads for fourth straight winning month for first time in nearly three years

All the major averages are headed for another winning month, with the Nasdaq up 5.1% and the S&P 500 on pace for a 4.6% gain.

Even more notable is the Dow’s streak. If it closes tomorrow’s session in positive territory for February, the 30-stock index would clinch its fourth straight winning month for the first time since a streak ended in May 2021. The index is currently up 2.1% month to date.

— Samantha Subin, Chris Hayes

13 Hours Ago

Snowflake, Okta among stocks making the biggest moves after the bell

These are some of the stocks on the move after the bell:

Snowflake — Snowflake shares plunged 21% after the business software company announced the retirement of its CEO Frank Slootman. The news coincided with better-than-expected quarterly results, but weaker-than-expected product revenue guidance for the first quarter.
Duolingo — The language learning platform skyrocketed 22% after surpassing quarterly estimates and posting strong monthly average user and bookings figures. Duolingo also provided strong revenue guidance for the first quarter and full year.
Okta — Okta rallied 24% on better-than-expected quarterly results and first-quarter guidance.

Read the full list of stocks on the move here.

— Samantha Subin

13 Hours Ago

Stock futures open lower