Stock Market Today: Live Updates

6 hours ago

Small caps’ outperformance this year is a good sign, says Paul Hickey

Paul Hickey, co-founder of Bespoke Investment Group, said the strength of small-cap stocks is a sign of market resilience despite uncertainty about Federal Reserve tightening. The Russell 2000 index is up nearly 8% this year, better than the S&P 500’s 5.4% gain.

“There was really strong underlying resilience in the market in light of the tight financial conditions,” Hickey said on CNBC’s “Closing Bell Overtime” on Monday.

– Yun Li

6 hours ago

Wholesale inventories in January, consumer credit data out on Tuesday

The January wholesale inventories data is set to be released on Tuesday after the opening bell, giving investors insight into the consumer economy. Economists polled by Dow Jones expect a 0.4% decline, compared with a 0.1% rise in the previous reading.

Consumer credit data due Tuesday afternoon is expected to show a $22 billion increase in January, according to Dow Jones consensus estimates. That would follow an increase of $11.6 billion the previous month.

—Sarah Min

6 hours ago

WW International shares pop after hours

WW International shares rose more than 10% in extended trading.

The firm, which is also known as WeightWatchers, said it is acquiring Sequence, a subscription telehealth platform focused on chronic weight management, for a net purchase price of $106 million. The transaction is expected to be completed during the second quarter of 2023.

Separately, WW International announced its fourth quarter and full year results.

See the diagram…

WW International shares 1-day

6 hours ago

Stock futures open flat

US stock futures were little changed on Monday night as traders awaited Federal Reserve Chairman Jerome Powell’s latest comments on the state of the economy.

Dow Jones Industrial Average futures fell 2 points, or 0.01%. Futures tied to the S&P 500 and Nasdaq 100 fell 0.01% and 0.06%, respectively.

—Sarah Min

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