Stock Market Today: Dow Jones Futures Fall, Nasdaq Gains Ahead Of January CPI Print—Tri Pointe Homes, Roku, Expedia Group In Focus

Market Overview - U.S. stock futures showed volatility, with major indices mixed following a lower close on Thursday [1] - Investors are anticipating January's inflation data, with estimates suggesting core CPI may drop to 2.52%, aligning with pre-COVID averages [1] Treasury Yields - The 10-year Treasury bond yield is at 4.12%, while the two-year bond yield stands at 3.47% [2] - Market expectations indicate a 92.1% likelihood that the Federal Reserve will maintain current interest rates in March [2] Index Performance - Dow Jones decreased by 0.13%, S&P 500 increased by 0.02%, Nasdaq 100 rose by 0.13%, and Russell 2000 fell by 0.08% [3] Stocks in Focus - Roku (ROKU): Long-term price trend remains strong, but short and medium-term trends are weak [3] - Arista Networks (ANET): Strong price trend across short, medium, and long terms, with solid growth ranking [4] - Tri Pointe Homes (TPH): Surged 25.79% after announcing an all-cash strategic combination with Sumitomo Forestry, maintaining a strong price trend [7] - Expedia Group (EXPE): Dropped 4.97% after fourth-quarter earnings report, despite beating estimates; maintains a stronger long-term trend but weak short and medium-term trends [8] - HIVE Digital Technologies: Weaker price trend across all time frames [5] Economic Insights - Scott Wren from Wells Fargo maintains a positive outlook for the U.S. economy, raising the growth estimate to 2.9% [9] - Wren views market corrections as buying opportunities, emphasizing broadening performance beyond technology sectors [10][11] Upcoming Economic Data - Investors are focused on the release of January's consumer price index data scheduled for 8:30 a.m. ET [12] Commodities and Global Markets - Crude oil futures increased by 0.35% to approximately $63.06 per barrel [13] - Gold Spot price rose by 0.91% to around $4,966.59 per ounce [13] - Bitcoin traded 0.81% lower at $66,785.65 per coin [13] Corporate Earnings and Monetary Policy - Anticipation of a fourth consecutive year of record earnings for the S&P 500 [15] - Expectations for further Federal Reserve easing and rate cuts as the year progresses [15] - Preference for U.S. assets over international ones, particularly in sectors like Energy, Materials, and Industrials [15]