Daily-Wrap

Investor sentiment is cautious. Asian markets crashed on Monday amid concerns the U.S.–Israel conflict with Iran is escalating and oil shipments are being choked (Brent crude shot 25% higher day-over-day). European bourses similarly fell as surging energy costs revived inflation fears. With no clear …

Market Movers:On Thursday, the top gainers were Alto Ingredients, Inc. (+54.62%), followed by CPI Card Group Inc. (+41.25%). On the contrary, Grocery Outlet Holding Corp. (-27.87%), and FTC Solar, Inc. (-27.11%) declined the most the same day.

Macro & Sentiment Backdrop:Recent U.S. data remain mixed. The Conference Board’s Consumer Confidence index edged up in February to 91.2 (from 89.0), suggesting consumers remain cautiously optimistic. Manufacturing activity is expanding modestly (Feb ISM PMI 52.4%) and the services sector is strong (Feb ISM …

Pre-Market Sentiment & Global Signals:U.S. stock futures indicate a flat to slightly softer open as overnight markets delivered mixed signals. Asian equities advanced, with South Korea’s KOSPI surging and Japan’s Nikkei gaining around 1.5%, supported by bargain buying and easing geopolitical concerns. European markets …

Market Movers:On Wednesday, the top gainers were Babcock & Wilcox Enterprises, Inc. (+45.68%), followed by Texxon Holding Limited. (+44.94%). On the contrary, TMD Energy Limited. (-45.30%), and Battalion Oil Corporation. (-32.91%) declined the most the same day.

Market Movers:On Tuesday, the top gainers were Battalion Oil Corporation (+134.58%), followed by Edesa Biotech, Inc. (+90.79%). On the contrary, Abundia Global Impact Group Inc. (-33.82%), and Power Solutions International, Inc. (-28.97%) declined the most the same day.

U.S. stock futures are modestly lower Wednesday, reflecting a broad risk-off tone after a steep selloff in Asia and surging oil prices overnight. Asian markets tumbled on the widening Middle East conflict: South Korea’s KOSPI plunged a record 12% while Japan’s Nikkei fell about …