Business

5 things to know before the stock market opens on Friday, February 11

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Stock futures flat after falling inflation, Fed fears

Marriner S. Eccles Federal Reserve Building in Washington DC, USA on Sunday, December 19, 2021

Samuel Corum | Bloomberg | Getty Images

2. 10-year bond yields hold above 2% at August 2019 highs.

3. Dow, S&P 500 and Nasdaq weekly gains on a bubble

A trader works on the floor of the New York Stock Exchange.

NYSE

4. Morning moves: Under Armor, Zillow and Affirm

The interior of an Under Armor store on November 3, 2021 in Houston, Texas.

Brandon Bell | Getty Images

Zillow app on mobile hosted in Dobbs Ferry, New York, USA on Saturday, May 1, 2021.

Tiffany Hagler-Gird | Bloomberg | Getty Images

Shares of Zillow Group rose 13.5% in premarket trading on Friday, the morning after the real estate website operator reported a much smaller-than-expected adjusted quarterly loss of 42 cents a share. The company’s revenue was also better than expected. Zillow said it is exiting the home sales business faster and more economically than previously expected.

Home screen of Affirm Holdings Inc. website. on a smartphone in Little Falls, NJ on Wednesday, December 9, 2020

Gabby Jones | Bloomberg | Getty Images

Affirm shares fell another 10% in premarket trading. Shares of Buy Now, Pay Later fell more than 21% on Thursday after the early release of second-quarter financial results. Affirm lost 57 cents per share on $361 million in revenue. The company said that the human factor is to blame for the premature publication of the results.

5. Biden tells Americans in Ukraine to get out immediately

Members of the Armed Forces of Ukraine operate a tank during an exercise in the Kharkiv region, Ukraine, February 10, 2022.

Vyacheslav Madievsky | Reuters


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