Morning Juice – US Session Prep (10th February)

Sentiment
US stock futures remained stable after a run that brought the S&P 500 to within a whisker of an all-time high, as traders prepare for a slew of US economic data, beginning with retail sales on Tuesday.
Futures for the US benchmark were little changed after a 2.5% gain over the previous two sessions. Gold remained above $5,000 per ounce. Positive company news boosted individual equities, including rises of 7% or more for Ferrari and Spotify. Alphabet is selling at least $9.4 billion of pound and Swiss franc debt. Economists and experts anticipate strong retail sales in December, fueled by sustained spending by consumers despite high living costs and a precarious employment outlook. Markets are calming down after a week of artificial intelligence-driven selloffs and subsequent recoveries. Traders are now waiting to see how this week’s data will affect expectations for the Federal Reserve’s interest rate path.

Docket
08:30 ET
US Retail Sales for December
MoM – Forecast: 0.4% | Prior: 0.6% | Range: 0.7% / -0.2%
Core MoM – Forecast: 0.4% | Prior: 0.5% | Range: 0.5% / -0.1%

13:00 ET
US sells $58 bln 3-Year Notes
Prior High Yield: 3.609%
Prior Bid-to-Cover: 2.65

Speakers
12:00 ET
Fed’s Hammack speaks at the Ohio Bankers League Economic Summit in Columbus

13:00 ET
Fed’s Logan speaks at the Asset Management Derivatives Forum in Austin, Texas

13:00 ET
White House Press Briefing

Earnings
16:05 ET
Ford Q4 2025 Earnings
Est. EPS: $0.19
Est. Rev: $42.4B

Good luck!