Okay, thanks baker. As always, we're keeping
an eye on the markets as Wall Street wakes up
. So let's get to our market minute as you
can see futures are still pointing to a slightly higher
open this morning. The dow now taking up about
67 points in the S and P 500 pointing up
about 2/10 of a percent. This as traders get
ready to cap off what was a volatile month for
the markets. As of yesterday, the dow is
down almost 3.5% for the month and the S and
P is sitting down around 2% for the month and
the NASDAQ is down just over 1%. It is
worth mentioning that the dow is the only major component
that is down for the year. As far as
earnings, target shares are gaining this morning after the
retailer reported fourth quarter earnings before the bell. Today
target topped Wall Street expectations on both top and bottom
lines, but also showed weakening profit margins due to
discounts and rising supply chain expenses. This comes on
the back of a warning from rival walmart over waning
consumer trends. Now, yesterday, we got better
than expected results from Zoom, which boosted that stock
over 6% and extended trading shares of AMC also jumped
significantly ahead of its quarterly report february coming to an
end. Also means that we've got another jobs report
on deck this week friday. We're getting nonfarm payroll
numbers as well as the latest unemployment rate. This
after a shocking beach earlier this month where unemployment hit
historic lows and stoked fears of longer rate hikes into
the future from the Fed. That's it for the
market minute. But we'll check back in in the
next half hour baker.