Stock Market Today: Dow Jones, S&P 500 Futures Jump Ahead Of January FOMC Minutes—Palo Alto Networks, Tactile Systems, DoorDash In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
DoorDashDoorDash(US:DASH) Benzinga·2026-02-18 09:59

Market Overview - U.S. stock futures rose on Wednesday after a slight increase on Tuesday, with all major benchmark indices showing positive futures [1] - The 10-year Treasury bond yielded 4.07%, while the two-year bond was at 3.45%, indicating market expectations for interest rates [2] - The Dow Jones, S&P 500, Nasdaq 100, and Russell 2000 indices recorded gains of 0.48%, 0.57%, 0.63%, and 0.40% respectively [2] Company Insights - Ovintiv Inc. (NYSE:OVV) rose 4.17% after announcing a definitive agreement to sell its Anadarko assets in Oklahoma for $3 billion in cash, maintaining a stronger price trend over all time frames but ranking poorly in growth [6] - DoorDash Inc. (NASDAQ:DASH) was up 0.30% as analysts expect it to post quarterly earnings of 59 cents per share on revenue of $3.99 billion, although it maintains a weaker price trend across all time frames with a poor value ranking [7] - Celanese (CE) is noted to maintain a stronger price trend over the long, short, and medium terms according to Benzinga's Edge Stock Rankings [2] - Tactile Systems Technology (TCMD) shows a weaker price trend in the short term but a strong trend in the medium and long terms, with a solid quality ranking [3] - Palo Alto Networks (PANW) has a weak price trend across all time frames but holds a strong growth ranking [4] Analyst Insights - Adam Turnquist from LPL Financial expects the U.S. stock market and economy to remain resilient despite market narrative shifts, particularly regarding fears of an AI "bubble" and industry-level disruptions in the software sector [9] - Turnquist views recent selling pressure in software stocks as potentially overly punitive, given supportive broader fundamentals, and anticipates no recession until 2026, supported by fiscal stimulus and AI productivity gains [10] - He notes a tilt towards risk aversion as big tech cools but maintains that the broad market's long-term uptrend remains intact [10]