By Lee Jackson
Publication Date: 2026-02-13 13:01:00
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Pre-Market Stock Futures:
Futures are trading higher after the January consumer price index report came in below expectations at 2.4%, as we head into the close of a rollercoaster week that saw a little of just about everything. After opening strongly on Thursday, stocks immediately rolled over. By the first hour mark, they were down sharply, and although stocks didn’t close at the lows, they remained down for the rest of the session. With a variety of issues weighing on stocks and a big rotation out of technology after three years of double-digit gains, we could be setting up for a sizable correction. Losses were steep across the board Thursday, with the Nasdaq taking the biggest hit, closing down 2.04% at 22,597. The S&P 500 closed Thursday at 6,832, down 1.57%, and the Dow Jones Industrials were last at 49,451, down 1.34%. The small-cap Russell 2000 was also down more than 2% to 2,615.
Treasury Bonds:
Yields plummeted across…
