Stock indexes, including the S&P 500, Dow Jones, and Nasdaq, are up today, with futures also showing gains. Chip makers and mining stocks lead the rebound, with gold and silver prices rising. Markets await US job and inflation reports this week. Earnings season is positive, with S&P earnings expected to grow by 8.4%.

US bond yields initially pressured stocks, but T-note yields fell after comments on lower job numbers. Economic focus this week includes employment cost index, retail sales, nonfarm payrolls, and more. Earnings reports show strong results, with 79% beating expectations. The market anticipates a 19% chance of a rate cut in March.

Overseas markets are up, with Euro Stoxx, Shanghai Composite, and Nikkei rising. T-note prices are under pressure due to Chinese regulators’ actions. European bond yields are higher. Sentix investor confidence in the Eurozone is up. Swaps indicate a 3% chance of an ECB rate cut in March.

Stock movers include chip makers like Nvidia and AI-infrastructure stocks, as well as mining stocks like Coeur Mining and Freeport McMoRan. Companies like Oracle, TEGNA Inc, and Kroger see stock gains. Hims & Hers Health, Monday.com, and Cleveland-Cliffs face stock declines. Earnings reports are due for various companies.

Read more at Nasdaq: Stocks Recover Early Losses as Tech Stocks Rebound