Dow Futures Higher Ahead of Consumer Sentiment Data

Dow Jones Industrial Average (DJIA) futures are trading above fair-market value this morning, while futures on both the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also higher. Traders are reacting to President Donald Trump's decision to move forward with tariffs on Canada and Mexico while monitoring Bitcoin (BTC), which fell to a three-month low overnight. Consumer sentiment data and a post-close earnings report from Nvidia (NVDA) are also in focus today.

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

• Keep tabs on these 3 restaurant stocks in the fast-casual space.
• Be wary of latest SPX breakout, per Senior V.P. of Research Todd Salamone.
• Plus, Home Depot's quarterly win; weight loss stock gaps lower; and PayPal's big plans for Venmo.

5 Things You Need to Know Today

1. The Cboe Options Exchange (CBOE) saw more than 2.1 million call contracts and 1.2 million put contracts exchanged on Monday. The single-session equity put/call ratio fell to 0.58 and the 21-day moving average stayed at 0.60.
2. Home Depot Inc (NYSE:HD) stock is up 0.3% in premarket trading, after the home improvement retailer reported slightly better-than-expected earnings and revenue for the fourth quarter. The company said high interest rates and home prices have weighed on business. HD is up 17.6% in the last nine months.
3. The shares of Hims & Hers Health Inc (NYSE:HIMS) are down 21.4% before the bell, brushing off better-than-expected earnings and revenue for the fourth quarter after gross margins disappointed. Plus, the company said it may stop selling some weight loss products. HIMS is looking to trim its 439% year-over-year lead.
4. PayPal Holdings Inc (NASDAQ:PYPL) today laid out plans to drive $2 billion in revenue for Venmo by 2027, which includes boosting merchant adoption, retaining funds within the platform, and encouraging in-store and online spending. The stock added 27.2% over the last 12 months.
5. The personal consumption expenditures (PCE) price index is due out this week.

European Markets Rise as Asian Markets Falter

Asian markets closed lower on Tuesday, following more tariff updates from U.S. President Trump. Japan’s Nikkei led the losses with a 1.4% drop, though Warren Buffett’s Berkshire Hathaway (BRK) gave several stocks -- including Mitsubishi and Itochu -- a boost after announcing plans to commit to Japanese investments in the long term. Hong Kong’s Hang Seng fell 1.3%, while China’s Shanghai Composite and the Kospi dropped 0.8% and 0.6%, respectively, the latter in focus after the South Korean central bank cut rates to 2.75% from 3%, the lowest rate since August 2022.

European markets are mostly higher today. The French CAC 40 was last seen down 0.02%, while the German DAX rises 0.3%, and London’s FTSE 100 jumps 0.4%. Analysts are still unpacking Germany’s election results, along with data from Munich’s Ifo Institute showing export expectations rising to -5 in February from January’s -7.1. The figure has been in negative territory for nearly two years.