{"id":24623,"date":"2025-03-03T05:57:12","date_gmt":"2025-03-03T11:57:12","guid":{"rendered":"https:\/\/www.eoption.com\/morning-preview-march-03-2025\/"},"modified":"2025-03-03T05:57:12","modified_gmt":"2025-03-03T11:57:12","slug":"morning-preview-march-03-2025","status":"publish","type":"post","link":"https:\/\/www.eoption.com\/morning-preview-march-03-2025\/","title":{"rendered":"Morning Preview: March 03, 2025"},"content":{"rendered":"\n<div>\n<div style=\"padding:10mm 10mm 0\">\n<p class=\"normal\"><b><span style=\"font-size:20.0pt; color:#404040\">Early Look<\/span><\/b><\/p>\n<p class=\"normal\" style=\"line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:#7F7F7F\">Monday, March 3, 2025<\/span><\/b><\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\" width=\"60%\" style=\"margin-left:5.4pt; border-collapse:collapse; border:none\">\n<tbody>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Futures<\/span><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Up\/Down<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Last<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Dow<\/span><\/b><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">99.00<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.23%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">43,988<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">S&amp;P 500<\/span><\/b><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">22.25<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.38%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">5,985<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"27%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:22.5pt; text-indent:-13.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Nasdaq<\/span><\/b><\/p>\n<\/td>\n<td width=\"34%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">102.50<\/span><\/p>\n<\/td>\n<td width=\"20%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.49%<\/span><\/p>\n<\/td>\n<td width=\"18%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"margin-left:9.0pt; text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">21,022<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"normal\" style=\"margin-left:9.0pt\"><span style=\"font-size:11.5pt\">&nbsp;<\/span><\/p>\n<p class=\"body-copy\">&nbsp;<\/p>\n<p class=\"body-copy\"><span style=\"color:black\">After tumbling last week and February, U.S. stocks are looking at a higher open to kick off the new week and trading month as attention remains on tariffs and its potential impact on the slowing economy. Last week, the S&#038;P 500 fell 0.98%, the Nasdaq declined 3.47%, and the Dow climbed 0.95% while for the month of February, the S&#038;P 500 fell 1.43%, the Nasdaq declined 3.97%, and the Dow fell 1.58%. Stocks slipped last week after a meeting between the US and Ukraine went South, leading to the leader of Ukraine leaving the White House without a peace deal, while the latest Atlanta Fed GDPNow forecast showed the GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -1.5% on February 28, a big &ldquo;about face&rdquo; from the expected rise of +2.3% on February 19. The growth concerns, alongside stubbornly high inflation data, weighed on sentiment further. In tariff news today, Commerce Secretary Lutnick said Mexico\/Canada have done a reasonable job on the border; notes there will be tariffs on Mexico\/Canada on Tuesday but says President Trump will determine at what levels; China tariffs are set until they end fentanyl trafficking into the US &ndash; Fox News. In other news, Bitcoin prices jump over 9% to $92,500, off overnight highs above $94,800 (after falling as low as $78,273 on Friday morning) and Ethereum +11% at $2,472 after U.S. President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create &#8220;a Crypto Strategic Reserve&#8221; that will hold Bitcoin, Ethereum, and other Cryptocurrencies such as <span class='nt-symbol'>XRP<\/span>, Dogecoin, Solana and Cardano. Bitcoin had has fallen 16% in the past week, its biggest weekly drop since the collapse of the FTX crypto exchange in November 2022. In Asian markets, The Nikkei Index jumped 629 points to 37,785, the Shanghai Index fell -4 points to 3,316, and the Hang Seng Index advanced 64 points to 23,006. In Europe, the German <span class='nt-symbol'>DAX<\/span> surges 273 points to 22,825, while the FTSE 100 is up 53 points to 8,862.<\/span><\/p>\n<p class=\"body-copy\">&nbsp;<\/p>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Market Closing Prices Yesterday<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b><span style=\"color:black\">The S&#038;P 500 Index<\/span><\/b><span style=\"color:black\"> <\/span><span style=\"color:#00B050\">climbed 92.93 points<\/span><span style=\"color:black\">, or 1.59%, to 5,954.50.<\/span><\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b><span style=\"color:black\">The Dow Jones Industrial Average<\/span><\/b><span style=\"color:black\"> <\/span><span style=\"color:#00B050\">rose 601.41 points<\/span><span style=\"color:black\">, or 1.39%, to 43,840.91.<\/span><\/li>\n<li class=\"page-br\"><b><span style=\"color:black\">The Nasdaq Composite <\/span><\/b><span style=\"color:#00B050\">jumped 302.86 points<\/span><span style=\"color:black\">, or 1.63%, to 18,847.28.<\/span><\/li>\n<li class=\"page-br\"><b><span style=\"color:black\">The Russell 2000 Index<\/span><\/b><span style=\"color:black\"> <\/span><span style=\"color:#00B050\">advanced 23.41 points<\/span><span style=\"color:black\">, or 1.21% to 2,163.07.<\/span><\/li>\n<\/ul>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Economic Calendar for Today<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">9:45 <span class='nt-symbol'>AM<\/span> <span class='nt-symbol'>ET<\/span> <span class='nt-symbol'>S<\/span>&#038;P Global Manufacturing PMI, Feb-Final<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">10:00 <span class='nt-symbol'>AM<\/span> <span class='nt-symbol'>ET<\/span> <span class='nt-symbol'>ISM<\/span> Manufacturing PMI for February&hellip;est. 50.5 (prior 50.9)<\/li>\n<li class=\"page-br\">10:00 <span class='nt-symbol'>AM<\/span> <span class='nt-symbol'>ET<\/span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Construction Spending M\/M for January&hellip;est. 0.0% (prior +0.5%)<\/li>\n<li class=\"page-br\">12:35 <span class='nt-symbol'>AM<\/span> <span class='nt-symbol'>ET<\/span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fed Bank of St. Louis President Musalem speaks on the U.S. economy and monetary policy<\/li>\n<\/ul>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Earnings Calendar: <\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">Earnings Before the Open: <span class='nt-symbol'>BLFS<\/span> <span class='nt-symbol'>CNQ<\/span> <span class='nt-symbol'>CRC<\/span> <span class='nt-symbol'>FTRE<\/span> <span class='nt-symbol'>HUT<\/span> <span class='nt-symbol'>MITT<\/span> <span class='nt-symbol'>MRSN<\/span> <span class='nt-symbol'>NABL<\/span> <span class='nt-symbol'>NMRA<\/span> <span class='nt-symbol'>NOVA<\/span> <span class='nt-symbol'>PLUG<\/span> <span class='nt-symbol'>RC<\/span> <span class='nt-symbol'>SGRY<\/span> <span class='nt-symbol'>SNDX<\/span> <span class='nt-symbol'>STXS<\/span><\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">Earnings After the Close: <span class='nt-symbol'>ADMA<\/span> <span class='nt-symbol'>ASTS<\/span> <span class='nt-symbol'>BDSX<\/span> <span class='nt-symbol'>BRCC<\/span> <span class='nt-symbol'>CON<\/span> <span class='nt-symbol'>DAVE<\/span> <span class='nt-symbol'>DSP<\/span> <span class='nt-symbol'>EBS<\/span> <span class='nt-symbol'>EKSO<\/span> <span class='nt-symbol'>GCT<\/span> <span class='nt-symbol'>GTLB<\/span> <span class='nt-symbol'>GUTS<\/span> <span class='nt-symbol'>HSII<\/span> <span class='nt-symbol'>IPI<\/span> <span class='nt-symbol'>JRVR<\/span> <span class='nt-symbol'>KBDC<\/span> <span class='nt-symbol'>MRC<\/span> <span class='nt-symbol'>NATL<\/span> <span class='nt-symbol'>OKTA<\/span> <span class='nt-symbol'>QSI<\/span> <span class='nt-symbol'>RNGR<\/span> <span class='nt-symbol'>RPAY<\/span> <span class='nt-symbol'>SENS<\/span> <span class='nt-symbol'>SND<\/span> <span class='nt-symbol'>TDUP<\/span> <span class='nt-symbol'>WTI<\/span> <span class='nt-symbol'>WSR<\/span><\/li>\n<\/ul>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Other Key Events: <\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\">Morgan Stanley Technology, Media and telecom Conference, 3\/3-3\/6, in San Francisco, CA<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\">TD Cowen 45<sup>th<\/sup> Annual Healthcare Conference, 3\/3-3\/5, in Boston, MA<\/li>\n<\/ul>\n<p class=\"normal\"><span style=\"font-size:11.5pt; color:#404040\">&nbsp;<\/span><\/p>\n<p class=\"normal\" style=\"margin-left:.25in; text-indent:-.25in\"><span style=\"font-size:11.5pt; color:#404040\">&nbsp;<\/span><\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\" width=\"60%\" style=\"margin-left:5.4pt; border-collapse:collapse; border:none\">\n<tbody>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Macro<\/span><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Up\/Down<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; background:#F79646; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:115%\"><span style=\"font-size:14.0pt; line-height:115%; color:white\">Last<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Nymex<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.07<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">69.83<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Brent<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.07<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">72.88<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">Gold<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">34.80<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">2,883.30<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">EUR\/USD<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.0081<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">1.0456<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">JPY\/USD<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">0.30<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">150.90<\/span><\/p>\n<\/td>\n<\/tr>\n<tr style=\"height:19.65pt\">\n<td width=\"38%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" style=\"margin-left:9.0pt; text-indent:-4.5pt; line-height:11.0pt\"><b><span style=\"font-size:11.0pt; color:black\">10-Year Note<\/span><\/b><\/p>\n<\/td>\n<td width=\"35%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">+0.023<\/span><\/p>\n<\/td>\n<td width=\"26%\" style=\"border:none; background:#D9D9D9; padding:0in 5.4pt 0in 5.4pt; height:19.65pt\">\n<p class=\"normal\" align=\"center\" style=\"text-align:center; line-height:11.0pt\"><span style=\"font-size:11.0pt; color:#00B050\">4.252%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"normal\"><span style=\"font-size:11.5pt; color:black\">&nbsp;<\/span><\/p>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">World News<\/p>\n<ul>\n<li class=\"page-br\">China Feb Caixin Manufacturing PMI (final) reported at 50.8 vs 50.3 consensus; official manufacturing PMI at 50.2 vs 49.9 consensus and China Feb Official Non-Manufacturing PMI 50.4 vs 50.2 previous.<\/li>\n<\/ul>\n<\/div>\n<div class=\"page-br mt-8\">\n<p class=\"subhead\">Sector News Breakdown<\/p>\n<p class=\"sector\">Consumer<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b>Chipotle Mexican Grill (<span class='nt-symbol'>CMG<\/span>)<\/b> upgraded to Overweight from Equal Weight at Morgan Stanley and the price target was boosted to from $65.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b>Prada (<span class='nt-symbol'>PRDSY<\/span>)<\/b> is moving closer to buy Versace from <b>Capri Holdings (<span class='nt-symbol'>CPRI<\/span>)<\/b> after agreeing to a price of nearly $1.6B, Bloomberg reports, citing people familiar with the matter. Prada and Capri could finalize a deal for the Italian luxury clothier this month <a href=\"https:\/\/nam12.safelinks.protection.outlook.com\/?url=https%3A%2F%2Ftinyurl.com%2F3njdtctn&amp;data=05%7C02%7Chammerstone%40regalsecurities.com%7C09ce2382ea934d9debce08dd5a4a123c%7C434827bab4eb4dc0b4031a7afe4d47c3%7C0%7C0%7C638765996499438082%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=fGjoLbueKgkv95wcrfAZArG5rC0i3%2BLFH314Pdtzm0o%3D&amp;reserved=0\" originalsrc=\"https:\/\/tinyurl.com\/3njdtctn\" target=\"_blank\">https:\/\/tinyurl.com\/3njdtctn<\/a> <\/li>\n<li class=\"page-br\"><b>Thor Industries (<span class='nt-symbol'>THO<\/span>)<\/b> upgraded to Buy from Neutral at Bank America with a price target of $125, up from $110.<\/li>\n<li class=\"page-br\"><b>NIO (<span class='nt-symbol'>NIO<\/span>), XPeng (<span class='nt-symbol'>XPEV<\/span>),<\/b> and <b>Li Auto (<span class='nt-symbol'>LI<\/span>)<\/b> shares are lower even as the three Chinese electric-vehicle makers delivered almost 70,000 vehicles in February, up 112% y\/y; NIO&#8217;s deliveries jumped 62% last month from a year earlier, XPeng&#8217;s deliveries soared 570% to 30,453, boosted by sales of its relatively new P7+ and MONA MO3 models, and Li Auto&#8217;s deliveries rose 30%. <\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Energy, <\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b>Sempra Energy (<span class='nt-symbol'>SRE<\/span>)<\/b> downgraded to Hold from Buy at Jefferies.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b>Sunnova Energy International Inc (<span class='nt-symbol'>NOVA<\/span>)<\/b> to reduce annual cash costs by $70M; said substantial doubt exists regarding ability to continue as &ldquo;going concern&rdquo; for at least 1 year; hired a financial advisor to help manage certain aspects of debt management &#038; refinancing efforts.<\/li>\n<li class=\"page-br\"><b>Shell (<span class='nt-symbol'>SHEL<\/span>)<\/b> is exploring a potential sale of its chemical&rsquo;s assets in Europe and the U.S., according to people familiar with the matter, part of a continuing drive to refocus the company&rsquo;s business on its most profitable operations, the WSJ reported.<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Financials<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b>Affirm Holdings (<span class='nt-symbol'>AFRM<\/span>) <\/b>files mixed-securities shelf.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b>Ares Management Corporation (<span class='nt-symbol'>ARES<\/span>)<\/b> announced that it has completed its acquisition of the international business of GLP Capital Partners Limited, excluding its operations in Greater China, and certain of its affiliates. With the addition of GCP International, Ares&#8217; leading global alternative investment platform managed over $525 billion in assets, including more than $115 billion in its global Real Assets business, as of December 31, 2024.<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Healthcare<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b>AbbVie (<span class='nt-symbol'>ABBV<\/span>)<\/b> agrees to pay as much as $2.2 billion for a next-generation obesity drug from Danish biotech Gubra, marking its entry into the hyper-competitive weight-loss market.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b>Protagonist (<span class='nt-symbol'>PTGX<\/span>)<\/b> and <b>Takeda (<span class='nt-symbol'>TAK<\/span>)<\/b> announce positive topline results from phase 3 verify study of Rusfertide in patients with polycythemia vera.<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Industrials and Materials<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b>Vodafone Group Plc (<span class='nt-symbol'>VOD<\/span>)<\/b> and <b>AST SpaceMobile Inc. (<span class='nt-symbol'>ASTS<\/span>)<\/b> signed an agreement to create a jointly owned European satellite service business (&#8220;SatCo&#8221;) to serve mobile network operators in all European markets. SatCo will seek to provide 100% geographic coverage in every part of Europe to give consumers and businesses access to secure space-based cellular broadband connectivity via their MNO.<\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b>Casella Waste Systems Inc (<span class='nt-symbol'>CWST<\/span>)<\/b> announces a $25M bond offering<\/li>\n<li class=\"page-br\"><b>MasTec Inc (<span class='nt-symbol'>MTZ<\/span>) <\/b>files for mixed shelf; size not disclosed.<\/li>\n<li class=\"page-br\"><b>MP Materials Corp (<span class='nt-symbol'>MP<\/span>)<\/b> files for mixed shelf; size not disclosed.<\/li>\n<\/ul>\n<div class=\"page-br mt-5\">\n<p class=\"sector\">Technology, Media &amp; Telecom<\/p>\n<ul style=\"margin-bottom:0\">\n<li class=\"page-br\"><b>Nvidia (<span class='nt-symbol'>NVDA<\/span>)<\/b> and <b>Broadcom (<span class='nt-symbol'>AVGO<\/span>)<\/b> are running manufacturing tests with <b>Intel (<span class='nt-symbol'>INTC<\/span>),<\/b> two sources familiar with the matter told Reuters. The two tests, which have not been reported previously, indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars&#8217; worth of manufacturing contracts to Intel. <a href=\"https:\/\/nam12.safelinks.protection.outlook.com\/?url=https%3A%2F%2Ftinyurl.com%2F5n8ddfxs&amp;data=05%7C02%7Chammerstone%40regalsecurities.com%7C09ce2382ea934d9debce08dd5a4a123c%7C434827bab4eb4dc0b4031a7afe4d47c3%7C0%7C0%7C638765996499458650%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=PJyLJ%2FF%2BnLz5kF%2BmlWzu2ft6hNERanv5vRPYtDZo%2BvM%3D&amp;reserved=0\" originalsrc=\"https:\/\/tinyurl.com\/5n8ddfxs\" target=\"_blank\">https:\/\/tinyurl.com\/5n8ddfxs<\/a> <\/li>\n<\/ul>\n<\/div>\n<ul style=\"margin-top:0\">\n<li class=\"page-br\"><b>Allegro MicroSystems (<span class='nt-symbol'>ALGM<\/span>)<\/b> is drawing takeover interest from <b>ON Semiconductor (<span class='nt-symbol'>ON<\/span><\/b>), Bloomberg reported citing people familiar with the matter <a href=\"https:\/\/nam12.safelinks.protection.outlook.com\/?url=https%3A%2F%2Ftinyurl.com%2F2u9t6zhh&amp;data=05%7C02%7Chammerstone%40regalsecurities.com%7C09ce2382ea934d9debce08dd5a4a123c%7C434827bab4eb4dc0b4031a7afe4d47c3%7C0%7C0%7C638765996499473082%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=hyp%2FU21BAcyB28ZMCLn8TACUjlmGP5WXdHogGFkBeFo%3D&amp;reserved=0\" originalsrc=\"https:\/\/tinyurl.com\/2u9t6zhh\" target=\"_blank\">https:\/\/tinyurl.com\/2u9t6zhh<\/a> <\/li>\n<li class=\"page-br\"><b>Super Micro Computer (<span class='nt-symbol'>SMCI<\/span>)<\/b> said Friday it will be building its third campus in California&#8217;s Silicon Valley. Plans call for the campus, with construction expected to start this year, to be nearly 3 million square feet. The expansion, Super Micro said, would accelerate production of liquid-cooled services for data center, and create new jobs.<\/li>\n<li class=\"page-br\"><b>Trimble (<span class='nt-symbol'>TRMB<\/span>)<\/b> announced its collaboration with <b>STMicroelectronics (<span class='nt-symbol'>STM<\/span>)<\/b> to deliver precise positioning solutions for automotive and Internet of Things applications.<\/li>\n<li class=\"page-br\"><b>Comcast Corp (<span class='nt-symbol'>CMCSA<\/span>)<\/b> files for mixed shelf; size not disclosed.<\/li>\n<\/ul>\n<\/div>\n<p>  <meta http-equiv=\"Content-Type\" content=\"text\/html; charset=utf8\"><meta name=\"Generator\" content=\"Microsoft Word 15 (filtered)\"><\/p>\n<style> <!-- body \t{margin:0; \tfont-family:'Roboto',sans-serif} table \t{break-inside:avoid; \tpage-break-inside:avoid; \tmargin-top:5mm} .page-br \t{break-inside:avoid; \tpage-break-inside:avoid} .mt-5 \t{margin-top:5mm} .mt-8 \t{margin-top:8mm} .normal \t{margin:0; \tfont-size:12pt} .body-copy \t{margin:0; \tline-height:115%; \tfont-size:11.5pt; \tcolor:#404040} .subhead \t{margin:0; \tfont-size:14pt; \tcolor:#F79646; \tfont-weight:bold} .sector \t{margin:0; \tfont-size:11.5pt; \tcolor:#404040; \tfont-weight:bold; \tfont-style:italic; \ttext-decoration:underline} .calendar-date \t{margin:0; \tfont-size:18pt; \tcolor:#632423; \tfont-weight:bold; \ttext-decoration:underline} --> <\/style>\n<style>     @media only screen and (max-width: 500px) {       td p.MsoNormal {         text-indent: 0!important;         margin: 0!important;       }     } <\/style>\n<style>div[class*=WordSection]>p {line-height: inherit !important;}div[class*=WordSection] a:not([href]) {color: inherit !important;}<\/style>\n<div>\n<div>_________________________________________________________________<\/div>\n<div>\n<p><em>Market commentary provided by Hammerstone Markets, Inc, a firm separate from and not affiliated with Regal Securities. Regal Securities has not participated in the creation of the content, and does not explicitly or implicitly endorse the content.<\/em><\/p>\n<\/p><\/div>\n<div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Early Look Monday, March 3, 2025 Futures Up\/Down % Last Dow 99.00 0.23% 43,988 S&amp;P 500 22.25 0.38% 5,985 Nasdaq 102.50 0.49% 21,022 &nbsp; &nbsp; After tumbling last week and February, U.S. stocks are looking at a higher open to kick off the new week and trading month as attention remains on tariffs and its potential impact on the slowing &#8230; <a href=\"https:\/\/www.eoption.com\/morning-preview-march-03-2025\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-24623","post","type-post","status-publish","format-standard","hentry","category-daily-market-insights","no-post-thumbnail"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/posts\/24623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/comments?post=24623"}],"version-history":[{"count":0,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/posts\/24623\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/media?parent=24623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/categories?post=24623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eoption.com\/wp-json\/wp\/v2\/tags?post=24623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}