Tuesday, February seventeenth, 2026
Pre-market indexes start our holiday-shortened buying and selling week bouncing round within the crimson at this hour. Following a Presidents Day respite, we glance to be slowly rolling off the good points we’d attained a couple of week in the past. The Dow is -81 factors at this hour, -0.16%, with the S&P 500 -28, -0.41%, the Nasdaq -216, -0.87% and the small-cap Russell 2000 -8, -0.33%.
Empire State Manufacturing Moderates in February
A regional have a look at manufacturing in New York hits the tape this morning with an Empire State headline reaching +7.1 — barely beneath the +10.0 anticipated and the unrevised +7.7 reported a month in the past. The typical stage going again to the beginning of the century is +6.29, with the all-time excessive of +39 in April of 2004 and near-term excessive final November: 13.5. These are gentle manufacturing numbers total, however we’ve seen six constructive months prior to now eight.
Earnings This Morning at a Look
Medical Units big Medtronic MDT outperformed fiscal Q3 estimates on each high and backside traces this morning — earnings of $1.36 per share beat estimates by 3 cents, whereas revenues got here in +1.35% increased than anticipated — however shares are down -3.5% within the pre-market anyway. A part of this can be as a result of firm bracing for tariff impacts within the quarters to return. For extra on MDT’s earnings, click on right here.
Elsewhere, Detroit-based gasoline and electrical utility DTE Power DTE posted a powerful earnings beat — $1.65 per share versus $1.52 anticipated — and shares are up +2.5% in at this time’s pre-market. Labcorp Holdings LH are flat in early buying and selling thus far on an earnings beat, $4.07 per share versus $3.95 projected, however lacking barely on revenues.
What to Count on After the Bell
A contemporary Homebuilders Confidence survey comes out at 10am ET this morning, anticipated to tick up a degree to 38 for the month of February. Shifting in a constructive route is clearly good for enterprise, however we examine this to the 39 reported in December, 42 in February of final 12 months and a 56 again in July of 2023.
After at this time’s shut, we’ll see new earnings outcomes from luxurious homebuilder Toll Brothers TOL and cybersecurity staple Palo Alto Networks PANW. Toll Brothers is anticipated to develop +17% on earnings 12 months over 12 months however -0.87% on revenues. Palo Alto appears to be like for +14% progress on each high and backside traces.
What’s Coming This Week: Walmart Earnings, PCE
Thursday morning brings us Walmart WMT earnings for This autumn, successfully kicking off earnings season within the retail house. The Zacks Rank #3 (Maintain)-rated biggest-of-the-big-box firms is anticipated to fetch +10.6% on earnings and +5.2% on revenues. Walmart has outperformed earnings estimates in three of its final 4 quarters.
We’ll additionally see heavy equipment maker John Deere DE report this week, together with auto dispenser Carvana CVNA and journey main Reserving.com BKNG. We gained’t see NVIDIA NVDA report quarterly outcomes till subsequent week, in case you have been questioning.
This week additionally offers us extra housing information, with Housing Begins and Constructing Permits out tomorrow morning and New House Gross sales reporting Friday. However the greatest financial print this week would be the delayed Private Consumption Expenditures (PCE) report for December. This look within the rearview mirror appears to be like to tick up month over month to +0.3% however stay at +2.8% 12 months over 12 months on headline, as much as +2.9% on core.
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Labcorp Holdings Inc. (LH) : Free Inventory Evaluation Report
Walmart Inc. (WMT) : Free Inventory Evaluation Report
DTE Power Firm (DTE) : Free Inventory Evaluation Report
Medtronic PLC (MDT) : Free Inventory Evaluation Report
NVIDIA Company (NVDA) : Free Inventory Evaluation Report
Deere & Firm (DE) : Free Inventory Evaluation Report
Toll Brothers Inc. (TOL) : Free Inventory Evaluation Report
Palo Alto Networks, Inc. (PANW) : Free Inventory Evaluation Report
Carvana Co. (CVNA) : Free Inventory Evaluation Report
Reserving Holdings Inc. (BKNG) : Free Inventory Evaluation Report
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