Below are the most important news, trends and analyzes that investors need to start their trading day:
1. Wall Street seems to be recording another positive week
Traders on the floor of the New York Stock Exchange
Source: New York Stock Exchange
U.S. stock futures fell on Friday, a day after a mixed session that saw the Dow Jones industrial average drop slightly from its previous record high closed, while the S&P 500 and Nasdaq gained new highs. record maximum closures. The three benchmark stock indices followed their second consecutive positive week, following the strength in February. So far this month, the Dow, S&P 500 and Nasdaq rose 4.8%, 5.4% and 7.3%, respectively. The Dow and S&P 500 broke two-month winning streaks in January, while the Nasdaq rose for a fourth straight month in January. The U.S. stock market closes Monday for Presidents Day.
2. The Disney + boom helps make up for the fall of the theme park
Bob Chapek, CEO of Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a preview of the 2019 D23 Expo in Anaheim, California, on August 22, 2019.
Patrick T. Fallon | Bloomberg via Getty Images
Disney shares rose about 2% in pre-market trading after the company reported a first-quarter adjusted tax profit of 32 cents per share. Analysts had expected a loss of 41 cents per share. Revenue fell 22% to $ 16.225 billion a year earlier, though it exceeded estimates. Due to Covid, Disney recorded a drop in theme park attendance and box office results, but the success of its streaming video service continued. Disney + added more than 21 million subscribers during the quarter for a total of 94.9 million.
3. White House to address travel and education issues
A traveler wearing a face mask is seen at Washington’s Ronald Reagan National Airport in Arlington, Virginia, United States, on February 2, 2021.
Ting Shen | Xinhua News Agency | Getty Images
According to Reuters, top airline CEOs will meet virtually Friday with White House Covid-19 response coordinator to discuss travel-related issues. The meeting takes place as airlines, unions and industry groups strongly oppose the possibility of requiring prior Covid testing for domestic flights.
A 3rd grader at Martin Luther King Jr. Elementary School. southeast of Washington, DC, on February 5, 2021.
Evelyn Hockstein | The Washington Post | Getty Images
The CDC plans to issue new guidelines Friday on how to reopen U.S. schools as safely as possible. Pressure to reopen or expand face-to-face learning has been on the rise for months as students and parents get tired of remote classes. The reopening of schools is one of the top priorities of the Biden administration.
4. The U.S. insures 200 million more doses of Covid vaccine
President Joe Biden speaks during a visit to the National Institutes of Health (NIH) in Bethesda, Maryland, on February 11, 2021.
Saul Loeb | AFP | Getty Images
The White House secured bids for an additional 100 million doses of Povizer Covf vaccine and an additional 100 million from Moderna. During Thursday’s tour of the National Institutes of Health, President Joe Biden said the United States will now have enough supply of two-shot vaccines to inoculate 300 million Americans by the end of July. Biden is trying to pick up the pace of vaccinations after a slower-than-expected deployment under former President Donald Trump. According to the CDC, approximately 34.7 million of every 331 million Americans have received at least the first dose of vaccine.
5. It’s the turn of defense in Trump’s impeachment trial
Former President Donald Trump’s defense team members David Schoen, center left, Michael van der Veen, center, and Bruce Castor, center right, arrive at the Capitol before the start of the third day of the trial for removal from the Senate on Thursday, February. 11, 2021.
Bill Clark | CQ-Roll Call, Inc. | Getty Images
Lawyers defending Trump’s impeachment trial will begin arguing why the former president should not be convicted of inciting the deadly U.S. Capitol attack last month. They are prepared to admit that the violence was as traumatic, unacceptable and illegal as Democratic prosecutors described. But they also plan to argue that Trump had nothing to do with it. The argument is likely to appeal to Republican senators who want to be convicted of violence without convicting the former president.
– Reuters and The Associated Press contributed to this report. Follow CNBC’s blogs in the markets, the pandemic, and Trump’s impeachment trial.