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  • 16 hours ago
U.S. stock futures fell on Friday following Thursday’s negative close. Futures of the major benchmark indices were lower amid the ongoing Iran-US conflict.

Forecasters polled by Bloomberg anticipate the upcoming data will reveal a payroll increase of approximately 55,000, representing a deceleration from the 130,000 jobs added in January. Meanwhile, the jobless rate in the U.S. is expected to hold steady at 4.3%.

Meanwhile, the 10-year Treasury bond yielded 4.17%, and the two-year bond was at 3.61%. The CME Group's FedWatch tool‘s projections show markets pricing a 97.3% likelihood of the Federal Reserve leaving the current interest rates unchanged in March.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Friday. The SPY was down 0.39% at $678.67, while the QQQ declined 0.51% to $605.79.

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Transcript
00:07all right futures under pressure ahead of friday's open here and actually they've continued to get
00:12weaker as the morning has progressed closer to the bell s&p futures down 0.63 percent the dow
00:18futures down 0.57 percent and the nasdaq leading the way lower at 0.83 percent let's take a look
00:26at some cues from last session consumer staples materials and industrial stocks recorded the
00:32biggest losses on thursday and led most s&p sectors to a close on a negative note however
00:37energy and information technology stocks bucked the overall market trend closing the session higher
00:45forecasters pulled by bloomberg can anticipate the upcoming data will reveal a payroll increase of
00:51approximately 55 000 representing a deceleration from the 130 000 jobs added in january meanwhile
00:59the jobless rate in the u.s is expected to hold steady at 4.3 percent meanwhile the 10-year
01:04treasury
01:05bond yielded 4.17 percent and the two-year bond was at 3.61 percent the cme group's fed watch
01:11tool is
01:11locked in and holding steady at 97.3 percent that we do not have any rate cut and we hold
01:18rate steady
01:19at the march meeting we have several stocks in focus for you here today and the first one is my
01:26favorite brick and mortar store of all time it is indeed costco the ticker is c-o-s-t and
01:33it fell
01:330.23 percent in the pre-market on friday despite reporting better than expected financial results for
01:39the second quarter of fiscal 2026 after the close on thursday costco wholesale's q2 eps of 458 beat the
01:47457 estimate sales of 69.597 billion beat the 69.294 billion estimate costco reports the q1 double beat
01:58and also saw their comparable same store sales rise 7.4 percent on the international segment we have some
02:06more news about costco that i'm going to cover in the news section and i have a breakdown and some
02:11takeaways from the conference call that they had after they released their report the next stock on our list
02:17is going to be marvel technologies and the ticker on this one is mrvl it jumped 11.92 percent after
02:24reporting strong fourth quarter financial results for fiscal 2026 on thursday its fourth quarter revenue
02:30of 2.22 billion beat the consensus of 2.21 billion and that's just for the sales the eps of
02:3780 cent
02:37beat the 79 cent estimate so it's a double beat there marvel sees q1 adjusted eps of 74 cents to
02:4484 cents
02:45and sees sales of 2.28 billion to 2.52 billion marvel sees q1 gap eps of 26 to 36
02:53cents and the same
02:55sales figures 2.28 to 2.52 billion the next stock on our list is going to be gap ticker
03:03gap and it
03:05tumbled 7.06 percent after reporting worse than expected fourth quarter financial results and announcing
03:11a new 1 billion dollar share repurchase authorization interestingly enough the share repurchase was
03:16overshadowed by the poor quarter that it put up q4 gap eps excuse me q4 eps of 45 cents missed
03:24the 46
03:24cent estimate sales of 4.236 billion missed the estimate of 4.244 billion gap also sees full year
03:322026 adjusted eps of 220 to 235 that was versus a 232 estimate and they see sales of 15.7
03:40billion to
03:4115.862 billion that was versus an estimate of 15.75 billion the next stock on our list is going
03:48to be
03:48oracle uh the ticker is the orcl and it was up 0.59 as it is reporting is reportedly planning
03:56thousands
03:56of job cuts according to bloomberg the roles facing the x are expected to shrink due to artificial
04:03intelligence the last stock on our list is ford ticker f and it was up 0.081 despite recalling
04:121.74 million vehicles over a rearview camera defect
04:272.74 million vehicles over the list is achieved
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