The Day Ahead

COMING UP IN U.S.

• Consumer price index (CPI) likely rose 0.3% in February (annual CPI expected steady at 2.4%).
• Core CPI likely rose 0.2% in February (annual core CPI expected unchanged at 2.5%).
• February's federal budget likely reports a $75.85 billion deficit.
• Federal Reserve Vice Chair Michelle Bowman to speak on "Supervision and Regulation".
• Campbell's expected to post second-quarter results; investors to watch tariff volatility, pricing, snacking demand, and annual forecasts.

U.S. TOP NEWS

• Elon Musk's SpaceX weighs Nasdaq listing for potential biggest IPO.
• Bill Ackman's Pershing Square filed for combined IPOs of its hedge fund and a new fund.
• AT&T outlines $250 billion US investment plan over five years to boost infrastructure and hire technicians.
• Kohl's points to promising start to 2026 for apparel, but warns of overall declining sales.
• Qualcomm and Wayve partner to accelerate AI-powered self-driving system rollout.

MARKET RECAP AT 4 pm ET

• S&P 500 and Dow fell, weighing fading hopes for an end to the U.S.-Israeli war on Iran.
• Treasury yields mixed.
• Gold rose, buoyed by a weaker dollar.
• Oil plunged over 7%.