Yes, the Supremes are getting back together after weeks on hiatus and it's data day.
From Investor's Business Daily, February 20:
Dow Jones futures fell slightly early Friday, along with S&P 500 futures and Nasdaq futures. Big economic data is due before the open while the Supreme Court could issue a Trump tariffs ruling.
AI infrastructure leader Comfort Systems (FIX) rose late on earnings. Akamai Technologies (AKAM) and Grail (GRAL) were big losers. Thursday night, Tesla (TSLA) introduced a new, $59,990 Cybertruck variant.
The stock market rally fell modestly on the major indexes Thursday while oil prices kept rising on U.S.-Iran saber rattling.
Walmart (WMT) declined slightly after guiding low. Cameco (CCJ), Planet Labs (PL), Pan-American Silver (PAAS) and GE Aerospace (GE) flashed buy signals.
Pan-American Silver, Comfort Systems are on the IBD 50. Comfort Systems and Newmont are on the IBD Big Cap 20. Comfort Systems stock is on IBD Sector Leaders.
The video embedded in the article reviews Thursday's market action and analyzes GE Aerospace stock, Planet Labs and Cameco.
Dow Jones Futures Today
Dow Jones futures were 0.2% below fair value. S&P 500 futures and Nasdaq 100 futures fell 0.2%.Crude oil futures edged lower after surging over the prior two days.
Investors will get the first reading for fourth-quarter GDP, along with the December PCE inflation data, at 8:30 a.m. ET. The Supreme Court could rule on Trump tariffs shortly after 10 a.m. ET.
Remember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session....
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