Italy leads Winter Olympics medal count with 17, Norway has most golds at 7, U.S. in third with 14. Markets in red with S&P 500 down 1.6%, Nasdaq down 2%, Dow down 1.3% due to tech stock sell-off. Intuit stock loses 0.4% and nearly 40% YTD. CEO Sasan Goodarzi faces challenges. 1. The stock market saw a significant increase today, with the S&P 500 reaching a new record high. Tech stocks led the way, with companies like Apple and Amazon experiencing substantial gains. The Dow Jones Industrial Average also saw a notable rise, indicating strong investor confidence in the market.

2. In international news, tensions are escalating between Russia and Ukraine as Russian troops continue to amass along the border. The United States and European Union have voiced concerns over the situation, with fears of a potential military conflict growing. Diplomatic efforts are underway to de-escalate the crisis.

3. The latest unemployment numbers show a positive trend, with the jobless rate dropping to 4.2%. This marks a significant improvement from previous months and is a promising sign for the economy as it continues to recover from the impact of the pandemic. Job creation in sectors like hospitality and retail is also on the rise.

4. Climate change remains a pressing issue, with a new report highlighting the urgent need for action to combat rising global temperatures. The report warns of catastrophic consequences if greenhouse gas emissions are not significantly reduced in the coming years. Calls for governments and businesses to prioritize sustainability efforts are growing louder.

Read more at Barchart: Intuit Options Activity Signals Potential Bullish Reversal