HomeMorning Watchlist: PCE in Focus, Tariff Headlines Continue

Morning Watchlist: PCE in Focus, Tariff Headlines Continue

PUBLISHED  | 1 min read

Tom White

Host

U.S. Stock Futures are slightly lower ahead of the Wall Street open after another choppy session on Thursday. Stocks have been under pressure at the tail end of the week as tariff headlines continues to create uncertainty for markets. Investor focus turns to personal income and outlays data today with expectations of the headline PCE price index reading rising 0.3% in February and 2.5% from 12 months earlier.

Snapshot (as of 7 AM ET)


  • Oil (/CL) – Oil prices are flat just under $70.
  • Gold (/GC) – Gold is up three-quarters of a percent to $31K.
  • Bitcoin (/BTC) – The cryptocurrency is down over 2% to the $85K level.
  • VIX – The CBOE Volatility Index has risen to 19.
  • U.S. Dollar (/DX) – The dollar is flat around 104.

Biggest Premarket Movers (Mark % Change as of 7 AM ET)


  1. W.R. Berkley (WRB): +7.12%
  2. Super Micro Computer (SMCI): +2.04%
  3. Tesla (TSLA): +1.05%


  1. Lululemon (LULU): -11.44%
  2. Dollar Tree (DLTR): -1.14%
  3. Palantir (PLTR): -0.89%

Economic Data


  • 8:30AM ET
  • Personal Income/Outlays
  • 10:00AM ET
  • Consumer Sentiment
  • 12:15PM ET
  • Fed’s Barr Speaks
  • 3:45PM ET
  • Fed’s Bostic Speaks

Earnings


  • Premarket: None
  • Postmarket: None
  • Premarket Monday: None
  • Postmarket Monday: PRGS, PVH

Upgrades/Downgrades


  • Jefferies upgrades Applied Materials (AMAT) to Buy from Hold
  • BMO Capital upgrades Check Point (CHKP) to Outperform from Market Perform
  • Barclays upgrades Ferrari (RACE) to Overweight from Equal Weight
  • Jefferies downgrades KLA Corp. (KLAC) to Hold from Buy
  • Raymond James downgrades Lululemon (LULU) to Market Perform from Outperform
  • BofA downgrades Schneider National (SNDR) to Neutral from Buy

Charles Schwab and all third parties mentioned are separate and unaffiliated, and are not responsible for one another's policies, services or opinions.

ON AIR
8:30 pm
Market On Close
replay
12:00 am
Market Overtime
REPLAY
12:30 am
Market On Close
REPLAY
education
2:00 am
Your First Trade
REPLAY
education
2:30 am
Your First Trade
REPLAY
3:00 am
Fast Market
REPLAY
4:00 am
Next Gen Investing
REPLAY
5:00 am
Market Overtime
REPLAY
5:30 am
The Wrap
REPLAY
7:00 am
Market Overtime
8:00 am
Market Overtime
8:30 am
Market On Close
education
10:00 am
Your First Trade
education
10:30 am
Your First Trade
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
3:30 pm
Market Overtime
REPLAY
4:00 pm
Fast Market
REPLAY
5:00 pm
Next Gen Investing
REPLAY
6:00 pm
The Wrap
REPLAY
education
7:30 pm
Liz Ann Live
REPLAY
8:00 pm
Market Overtime
REPLAY
ON AIR
8:30 pm
Market On Close
REPLAY
education
10:00 pm
Liz Ann Live
REPLAY
10:30 pm
The Wrap
REPLAY

Schwab Network's Newsletters

Daily insights for every investor