Stock Futures Jump as Earnings Roll In

Stock futures are firmly higher this morning, with futures on the Dow Jones Industrial Average (DJI) and Nasdaq-100 Index (NDX) up triple digits after a round of strong corporate earnings results. Some big names in focus today are Netflix (NFLX) and Procter & Gamble (PG). In the artificial intelligence (AI) realm, President Donald Trump announced "Stargate," a massive joint venture with OpenAI, Oracle (ORCL), and Softbank on AI infrastructure in the United States. 

Continue reading for more on today's market, including: .

• S&P 500 sentiment indicators to watch, per Schaeffer's Senior V.P. of Research Todd Salamone. 
• Why one of Schaeffer's top 2025 stock picks could see short-term success.
• Plus, F downgraded; and 2 stocks rising after earnings. 

5 Things You Need to Know Today

1. The Cboe Options Exchange (CBOE) saw more than 2.4 million call contracts and over 1.1 million put contracts exchanged on Tuesday. The single-session equity put/call ratio rose to 0.46 and the 21-day moving average remained at 0.61.
2. Ford Motor Co (NYSE:F) is down 1.7% premarket, after a downgrade from Barclays to "equal weight" from "overweight," with a price-target cut to $11 from $13. Should these losses hold, F will snap a six-day win streak. Year over year, the automaker is down 5.5%. 
3. Procter & Gamble Co (NYSE:PG) is up 3.3% before the bell, after the company's better-than-expected fiscal second-quarter results. The baby, feminine, and family care division saw record sales. Since last January, the equity is up 9.4%. 
4. Seagate Technology Holdings PLC (NASDAQ:STX) is up 6.7%. in electronic trading, after the data storage name's upbeat fiscal second-quarter results. On track for an eighth consecutive daily win, STX is looking to extends its 16.7% year-to-date lead. 
5. Take a look at what economic data is scheduled this week. 

Adidas Pushes European Stocks Higher

Asian markets were mixed Wednesday after U.S. President Donald Trump announced his team is considering a 10% tariff on China as early as Feb. 1. In response, Hong Kong’s Hang Seng dropped 1.6%, while China’s Shanghai Composite fell 0.9%. Meanwhile, South Korea’s Kospi added 1.2%, as several tech firms indicated they may relocate production from Mexico to the U.S. amid Trump’s protectionist policies. Rounding out the region, Japan’s Nikkei climbed 1.6%.

European stocks are solidly higher this afternoon, with Germany’s DAX up 1.3%, France’s CAC 40 adding 1%, and London’s FTSE 100 gaining 0.2%. Financial stocks are leading the charge, while Adidas is surging following the athletic apparel maker’s strong fourth-quarter results. Meanwhile, traders continue to assess updates from the World Economic Forum in Davos, Switzerland.