U.S. futures are trending lower this Thursday morning as investors brace for a busy session packed with economic indicators and comments from Federal Reserve officials.

US Futures Slightly Lower

• S&P 500 futures (SPX): -0.29%
• Nasdaq 100 futures (US100:IND): -0.21%
• Dow Jones futures (INDU): -0.28%

Caution prevails ahead of the release of several key macroeconomic indicators likely to influence monetary policy expectations.

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Busy Economic Calendar

Today's markets will focus on:

• Initial Jobless Claims
• Philadelphia Fed Manufacturing Index (February)
• Pending Home Sales
• Leading Indicators
• Publication of the Fed's balance sheet

On the central bank front, several Fed members are scheduled to speak:

• Michelle Bowman (Fed Vice Chair for Supervision)
• Neel Kashkari (Minneapolis Fed)
• Austan Goolsbee (Chicago Fed)

Their comments could shape expectations for upcoming rate decisions.

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Bonds: Yields Climbing

U.S. Treasury yields are rising across the curve:

• 2-year (US2Y): 3.49% (+2.3 bps)
• 10-year (US10Y): 4.10% (+1.8 bps)
• 30-year (US30Y): 4.72% (+1.5 bps)

This uptick reflects ongoing tensions around inflation and monetary policy expectations.

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Stocks to Watch in Pre-Market

Biggest Gainers

• DoorDash (DASH): +13%
  → Double-digit order growth and optimistic Q1 guidance.

• eBay (EBAY): +9%
  → Strong results, increased dividend, and $1.2B Depop acquisition.

• Lemonade (LMND): +15%
  → EPS and revenue above expectations.

• Remitly Global (RELY): +20%
  → Significant earnings and revenue beat.

• Figma (FIG): +13%
  → Q4 revenue up 40% and robust 2026 guidance (+38%).

• Tenaris (TS): +3.5%
  → Results above estimates.

Notable Decliners

• Carvana (CVNA): -16%
  → Disappointing Q4 profitability, sharp stock correction.

• Avis Budget (CAR): -12%
  → Negative impact from weak demand for electric vehicles.

• Molson Coors Beverage (TAP): -6%

• Charles River Laboratories (CRL): -5%

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