Benzinga·2025-12-16 10:24Market Overview - U.S. stock futures declined on Tuesday following a lower close on Monday, with major indices showing negative performance [1][2] - The Nasdaq Composite fell over 100 points, while the S&P 500 lost 0.6% and the Dow gained 1.1% in the previous week [1] Economic Indicators - The 10-year Treasury bond yielded 4.16%, and the two-year bond was at 3.49%, with a 73.4% likelihood of the Federal Reserve maintaining current interest rates [2] - Upcoming economic data includes official payroll data for October and November and October retail sales, which are anticipated to influence market sentiment [1][15] Company Performance - Roku Inc. shares increased by 4.10% after its CFO sold shares, and Morgan Stanley upgraded the stock from Equalweight to Overweight, raising the price target from $85.00 to $135.00 [6] - Blue Owl Capital Inc. rose 1.22% after announcing a $2.5 billion commitment and a $50 million equity injection to support new financial products for retirees [6] - B Riley Financial Inc. surged 25.54% after reporting earnings of $4.50 per share, a significant improvement from a loss of $14.35 per share a year ago, with sales increasing to $225.302 million from $94.885 million [6] Sector Performance - Energy, health care, utilities, and consumer discretionary sectors saw the largest gains, while the information technology sector closed lower [7] - The Nasdaq Composite, S&P 500, Dow Jones, and Russell 2000 all recorded declines in their respective performances [8] Analyst Insights - LPL Research's Chief Equity Strategist forecasts a continuation of the current bull market into 2026, driven by enthusiasm around AI and easing monetary policy from the Federal Reserve [9] - The anticipated capital expenditures in AI are projected to reach approximately $520 billion in 2026, which is expected to support earnings growth [10] Company Guidance - Navan Inc. fell 11.17% after issuing weaker-than-expected FY2026 guidance, anticipating sales of $685 million to $687 million compared to market estimates of $830.87 million [12] - Lennar Corp. was slightly lower as analysts expect it to report earnings of $2.21 per share on revenue of $9.02 billion [12]