Market Overview - Pre-market futures are up, with the Dow up 143 points, S&P 500 up 21, Nasdaq up 77, and Russell 2000 up 19 [1] - The Dow is up 4% and Russell 2000 is up 7.9% year to date, while the tech-heavy Nasdaq remains slightly negative [2] Jobless Claims - Initial Jobless Claims rose to 227K last week, slightly above expectations but below the revised 232K from the previous week, indicating a healthy labor market [3] - Continuing Claims increased to 1.862 million from 1.844 million, showing a return to pre-holiday levels [4] Earnings Reports - Crocs (CROX) reported Q4 earnings of $2.29 per share, beating estimates by 19.3% on revenues of $957.64 million, leading to a 14.8% increase in shares [4] - TripAdvisor (TRIP) missed earnings expectations with $0.04 per share, 73% below the expected $0.15, and revenues of $411 million, down 0.56% from projections, causing shares to drop an additional 5% [5] - Howmet (HWM) exceeded expectations with Q4 earnings of $1.05 per share, an 8.25% beat, and revenues of $2.16 billion, up 1.26% from expectations [6]
Jobless Claims Nudge Higher, Q4 Earnings Surprises from CROX, TRIP