Stock indexes are down today, with the Nasdaq 100 hitting a 2.75-month low due to losses in AI-infrastructure firms and tech giants. Lower bond yields follow weak US consumer prices, possibly prompting more Fed rate cuts. The market focuses on earnings and economic data this week, with Q4 earnings season showing strong results.

Interest rates are down, with the 10-year T-note yield at a 2.5-month low. European bond yields are also lower. Overseas markets are declining, with the Euro Stoxx 50 down slightly, while China and Japan markets are closed. Economic surveys in Germany and the UK show unexpected declines.

Stock movers include tech giants like Tesla, Amazon, and Microsoft down over 1%, while Apple is up. Cryptocurrency-exposed stocks are retreating, with Bitcoin down over 2%. Genuine Parts Co and Vulcan Materials are down over 8% after weaker results, while Medtronic Plc expects lower EPS. Masimo is up over 35% on acquisition news.

Earnings reports for 2/17 include companies such as Allegion plc, Coca-Cola Europacific Partners, and Medtronic PLC. The author did not hold any positions in the mentioned securities. The views expressed are the author’s and not necessarily those of Nasdaq, Inc.

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