Stocks Hold Steady Before Fed Call as Energy, Metals Lead

Stock futures were mostly flat on Monday as investors prepared for a busy week of major earnings reports and an important Federal Reserve meeting. The Fed is expected to announce its first interest rate decision of the year on Wednesday.

Sponsor: Finviz Elite - Looking to spot market movers in real time? Get access to real-time market data, advanced screening filters, and visual market maps with a 7-day free trial.

Major Indexes: S&P 500 flat, Nasdaq slightly lower, Dow slightly higher, Russell 2000 flat

Leading Sectors: Energy, Materials

Lagging Sectors: Industrial, Consumer Staples, Consumer Discretionary, Technology

USA Rare Earth (USAR): Shares moved higher after news that the U.S. government, under the Trump administration, took a stake in the rare earths miner. The company plans to issue new shares and warrants as part of the deal.

Newmont (NEM): Shares advanced as gold prices continued to hit record highs, boosting interest in major gold producers.

Enphase Energy (ENPH): The stock declined after the company announced job cuts affecting a portion of its workforce as part of cost-reduction efforts.

Airlines (UAL, AAL, DAL, LUV): Airline stocks traded lower as a major winter storm across the U.S. raised concerns about flight delays and cancellations.

IonQ (IONQ): The stock rose after the company announced plans to acquire SkyWater Technology (SKYT), expanding its capabilities in quantum computing manufacturing. IonQ also said it expects revenue to come in at the high end of its guidance.

Ryanair Holdings (RYAAY): Shares declined after the airline raised its fare growth outlook and issued strong profit guidance, supported by solid booking trends. While quarterly profit declined due to a one-time regulatory charge, revenue and passenger traffic increased.

Brand Engagement Network (BNAI): The stock surged as investor enthusiasm continued following a strategic partnership announcement focused on AI licensing opportunities across Africa.

Revolution Medicines (RVMD): The stock fell after reports that Merck (MRK) ended acquisition talks due to a disagreement over valuation.

CoreWeave (CRWV): Shares moved higher after the company announced an expanded partnership with NVIDIA (NVDA), including a major equity investment to accelerate large-scale AI infrastructure development.

Baker Hughes (BKR): Shares rose after the company reported quarterly results that beat expectations and issued a positive outlook for future growth, supported by strong equipment orders.

Steel Dynamics (STLD): The company reported quarterly and full-year earnings, highlighting strong sales, solid profitability, and healthy operating results.

AppLovin (APP): Shares moved higher after Wall Street firm Needham upgraded the stock to a buy rating, citing further upside potential.

Allied Gold (AAUC): The stock rose after the company agreed to be bought by Hong Kong-based Zijin Gold in an all-cash deal. The acquisition is expected to be completed by late April.

(Stocks showing elevated volume and notable price movement)

Gainers: CGON, HYMC

Losers: MKC, MMYT, CEG, MNDY, FIG

None.



Disclaimer: This newsletter is for informational purposes only and does not constitute investment advice. Readers should conduct their own research and consider consulting a financial professional before making investment decisions.