Everything You Need To Know
Market Update
US futures are trading lower ahead of initial jobless claims.
International Markets
European and Asian markets are trading lower as they await key US economic data.
Commodities
Gold and silver continue to fall on the strengthening of the US dollar and rising treasury yields. Oil prices are higher as the Texas weather issues are causing US supply shortages.
Crypto
Bitcoin broke through $52,000 to set a new all time high but is currently trading around $51,250.
Biggest Pre-Market Movers
Walmart (WMT) shares are down 5% after missing on revenue. Hormel Foods (HRL) is up 2.2% after beating eps and revenue estimates. TLRY is up over 4% after beating eps and revenue estimates. SunPower (SPWR) is down 7.1% after reported revenues fell short of estimates. Twilio is up 9.5% after reporting a surprise profit. Sleep Number (SNBR) is up 12.7% after smashing eps estimates.
Chart of the Day
Smile Direct Club (SDC) Ascending Channel
