Business

5 Things to Know Before the Stock Market Opens on Thursday, February 17

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

1. Stocks could fall as the situation between Russia and Ukraine becomes unclear again

Traders on the NYSE floor on February 16, 2022

Source: New York Stock Exchange.

2. Walmart rises after bullish earnings, dividend hike and buyback.

3. Cisco rises, Nvidia falls, DoorDash rises after quarterly results

DoorDash shares rose about 22% in premarket Thursday, the morning after bullish forecasts were released, with full-year revenue up 69%. Revenue for the quarter also declined slightly. However, DoorDash’s quarterly loss per share was larger than expected.

4. There are new signs that Covid is emerging from the pandemic stage

A nurse administers an infant dose of the Covid-19 vaccine to a girl at the LA Care Health Plan vaccination clinic at Los Angeles Missionary College in the Sylmar neighborhood of Los Angeles, California on January 19, 2022.

Robin Beck | AFP | Getty Images

California officials going to reveal Thursday is a coexistence plan with Covid, transitioning to an endemic stage where the virus still exists in the community but becomes manageable as immunity builds. In fact, one influential model estimates that 73% of Americans are currently immune to omicron, the dominant variant, and that could rise to 80% by mid-March. The Centers for Disease Control and Prevention said it is revising its recommendations for mask use, with a focus on Covid hospitalizations as a key indicator of outbreak severity and future recommendations.

5. NATO accuses Russia of spreading “disinformation” about Ukraine


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