After an extended weekend, bulls are coming into the shortened trading week feeling a little sluggish as futures are indicating a moderately lower open. Weak data out of China, lower global growth forecasts from the IMF and a continued stalemate in DC are all factors contributing to the weakness. Read today’s Bespoke Morning Lineup below for major macro and stock-specific news events, updated market internals, and commentary.
The pace of earnings news is going to really pick up this week and one thing investors will be looking at closely is the revenue beat rate. It’s still early in the reporting period, but so far more than half of the companies reporting have missed estimates on their top line readings. If this pace doesn’t pick up in the weeks ahead, it could be a long February.
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