U.S. stock futures were swinging between gains and losses on Friday following Thursday’s lower close. Futures of major benchmark indices were mixed.
Investors are awaiting the January inflation print as experts like Tom Lee estimate the core CPI year-over-year to drop to 2.52%—matching the 2017-2019 average and signaling a return to pre-COVID inflation.
Meanwhile, the 10-year Treasury bond yielded 4.12%, and the two-year bond was at 3.47%. The CME Group’s FedWatch tool‘s projections show markets pricing a 92.1% likelihood of the Federal Reserve leaving the current interest rates unchanged in March.
| Index | Performance (+/-) |
| Dow Jones | -0.13% |
| S&P 500 | 0.02% |
| Nasdaq 100 | 0.13% |
| Russell 2000 | -0.08% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Friday. The SPY was up 0.069% at $681.74, while the QQQ advanced 0.16% to $601.61.
Stocks In Focus
Roku
- Roku Inc. (NASDAQ:ROKU) jumped 13.70% in premarket on Friday after reporting better-than-expected fourth-quarter financial results and issuing FY26 sales guidance above estimates. Roku reported quarterly earnings of 53 cents per share, which beat the consensus estimate of 27 cents by 93.43%
- ROKU maintains a stronger price trend over the long term but a weak trend in the short and medium terms, as per Benzinga’s Edge Stock Rankings.
Arista Networks
- Arista Networks Inc. (NYSE:ANET) gained 12.12% after posting upbeat fourth-quarter earnings and issuing strong guidance. Arista reported quarterly earnings of 82 cents per share, which beat the Street estimate of 76 cents.
- ANET maintains a stronger price trend …