U.S. equity markets are experiencing a volatile start to the week this Monday, February 23rd, 2026, as investors grapple with a rapid escalation in trade policy tensions. Midday trading shows a definitive shift toward a "risk-off" sentiment, with major indexes retreating from recent highs. The primary catalyst for today’s downward momentum is the White House’s announcement of a new 15% global tariff on all imports, a move that follows a landmark Supreme Court ruling on Friday which had briefly struck down p ...

2026年春节，全市消费市场呈现供给丰富、活力迸发、繁荣有序的良好局面。据监测显示，春节期间全 市消费总额同比增长7.8%。 政策引导 入境过夜游客增长52.1% 有奖发票活动加码推进。 节日期间，有奖发票参与人次超70万，强力拉动全市消费。 以旧换新政策优化实施。 2026年重庆汽车、家电、数码和智能产品补贴政策全面启动，有效刺激大宗消费。 国际化消费环境加力建设。 据监测数据，春节期间全市入境过夜游客达2.85万人次，同比增长52.1%。 平台发力 重点商圈销售增长6.5% 政银企联动激发消费动能。品牌折扣、支付满减、积分抵现、贷款贴息等消费让利超20亿元，联动金融 机构发放金融消费券5000万元。 重点线上平台加大商品优惠力度，唯品会、天猫联动知名品牌开启"新春年货节"，快手开启"3C数码消 费节"，重庆苏宁推出"年货节—焕新幸福年"活动，京东MALL推出"京东补+厂补"，淘宝闪购打造"重 庆味·即时享""重庆品·即时购"等特色活动。 重点商圈加强消费场景打造，假日期间通过新品首发、时尚秀场、主题街区等形式，打造一批具有辨识 度、体验感、传播力的消费新场景。据监测数据，中心城区20个重点商圈销售总额同比 ...

东方网记者程琦2月23日报道:春节期间，上海持续举办"跨年迎新消费季"活动，商圈寻马、新春美食等六大主题活动精彩纷呈。发票抽奖成为市民、游客津 津乐道的话题，各区拿出真金白银发放各类消费券，助力文商旅体展深入联动，全市日均推出300余项活动。 消费市场供需两旺，各大商圈人流如织 环球美食热闹升腾，舌尖盛宴共庆团圆 据美团数据，全市到店餐饮消费同比增长15.2%。"环球美食汇"567家商户精心推出1136套优选套餐，8成商户营业额实现同比增长，咨询量与点单量增长明 显。线上美食地图赋能线下消费引流，参与线上活动的1194家商户堂食消费额同比增长36.7%，订单量同比增长47.4%。节前，黄浦区原云南南路的8个老字 号餐饮品牌、9家门店，在毗邻南京路步行街的后街—山西南路、福建中路及江西中路重聚开街，日均营收39.4万元，日均接待人数1万人次。 以旧换新惠民直达，绿色消费乐享生活 家电、数码产品方面，年前，我市家电以旧换新、数码和智能产品购新补贴活动新增线下即时摇号举措，切实提升消费者参与活动便利度。2月15日-22日， 家电、数码产品补贴带动销售2.99亿元，参与企业815家。汽车方面，1月底报名通道开放以来， ...

Thank you. Hello and welcome to the Morning Filter podcast. I'm Susan Jabinsky with Morning Star.Every Monday before market open, I sit down with Morning Star chief US market strategist Dave Sakara to talk about what investors should have on their radars for the week, some new Morning Star research, and a few stock ideas. All right. Well, grab your coffee because Dave and I have a lot of ground to cover this morning.Now, last Friday's Supreme Court ruling struck down some of the Trump administration's tarif ...

Group 1: Alphabet (Google) - Alphabet received an upgrade from Wells Fargo, moving from equal weight to overweight with a price target raised from $354 to $387, currently trading at approximately $317 [2][3] - The upgrade is based on Alphabet's leadership in customer data, distribution, and compute capacity, particularly emphasizing its plans to double its AI infrastructure capacity from 15 to 35 gigawatts by 2028 [4][5] - This expansion is expected to provide Alphabet with a competitive edge over other cloud providers, allowing it to train better AI models and serve more users [6] Group 2: Workday - Workday has been downgraded by Jeffries from buy to hold, with a new price target set at $150, down from $325, reflecting ongoing risks in the software sector due to AI disruption fears [8][9] - The downgrade is attributed to execution risks linked to changes in executive leadership and a decline in investor confidence, as the company has laid off over 20,000 workers [10][12][13] - Analysts suggest that the upcoming earnings report will be critical, with expectations set low for the company's performance [13] Group 3: Deere - Deere was downgraded by Jeffries from hold to underperform, with a price target raised from $475 to $550, indicating mixed sentiment about the agricultural economy's recovery [14][15] - While some analysts believe earnings will improve enough to justify higher valuations, others express skepticism about the timing of recovery in farmer incomes and crop prices [16]

The U.S. Supreme Court made waves on Friday, ruling that President Trump doesn't have the legal authority to impose tariffs under the International Emergency Economic Powers Act. Trump pivoted to a different way to at least temporarily implement tariffs worldwide of 10% -- later raised to 15% -- but the market reacted positively to the judicial setback. This is good news for for Nike (NYSE: NKE), Target (NYSE: TGT), and Home Depot (NYSE: HD), along with many other consumer-facing giants that have come un ...

Data from the U.S. Department of Commerce released on Friday showed that the core PCE price index, a key inflation gauge monitored by the Fed, rose +0.4% m/m and +3.0% y/y in December, stronger than expectations of +0.3% m/m and +2.9% y/y. Also, the U.S. Bureau of Economic Analysis, in its initial estimate of Q4 GDP growth, said the economy grew at a +1.4% annualized rate, weaker than expectations of +2.8%. In addition, U.S. December personal spending rose +0.4% m/m, in line with expectations, and personal ...

Market Overview - U.S. stock futures declined on February 23, 2026, with S&P 500 futures down approximately 0.5% and Nasdaq 100 futures showing similar trends due to proposed increases in global tariffs from 10% to 15% [1] - The S&P 500 index fell to around 6,873 points, a decline of 0.53% from the previous session, yet remains nearly 15% higher than a year ago, indicating long-term resilience [2] - The Dow Jones Industrial Average is near the historic 50,000 milestone, benefiting from a rotation into "real economy" sectors, while the Nasdaq Composite faced challenges due to uncertainty around tariffs [3] Upcoming Events - Nvidia's quarterly earnings report is anticipated to provide insights into the sustainability of the AI infrastructure buildout, with analysts expecting continued growth in data center revenue [4] - Investors are preparing for high-impact economic data releases, including durable goods orders and new home sales, which will shed light on the manufacturing and housing sectors [5] Corporate Developments - There is a notable rotation into industrial and consumer defensive stocks, with Caterpillar benefiting from demand for power generation equipment for AI data centers, while Walmart and Costco are outperforming due to cost-conscious consumer spending [6] - IDFC First Bank's shares dropped nearly 20% due to reports of fraudulent activities, highlighting risks in the global financial sector, while Adani Ports gained 3.5% after a strategic agreement with Brazil's Vale S.A. for iron ore logistics [7] Technology Sector - The "Magnificent Seven" tech stocks showed mixed results, with Apple and Microsoft experiencing modest gains, while Amazon and Alphabet faced early pressure; Tesla remains a focus as investors consider the impact of new trade barriers on the electric vehicle market [8]

Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] Investment Focus - The company has diversified its investments across various sectors including banking, telecommunications, logistics, and hotels, indicating a strategic approach to portfolio management [1] - The entry into the US market in 2020 reflects a growing interest in international investment opportunities, particularly in sectors like banks, hotels, and shipping [1] Market Trends - The popularity of insurance companies in the Philippines since 2014 suggests a shift in investment preferences among local investors, moving towards more diversified financial products [1] - The trend of using platforms like Seeking Alpha for analysis indicates a growing reliance on data-driven investment strategies among investors in both the ASEAN and US markets [1]

With options expiration now behind us, markets could face their own storm. Roughly $15 billion in T-bill settlements are due on February 24, followed by another $22 billion on February 26. In addition, coupon settlements of $37 billion on February 27 and $59 billion on March 2 are scheduled. That totals approximately $130 billion that could be absorbed by the Treasury over the next week. Net Settlement On top of that, cross-currency basis spreads have moved modestly this past week. I tend to view the JPY 5- ...