Stock marketplace news live: S&P 500, Nasdaq narrowly eke out record closes

A male checks out a shoe arrangement during a Cole Haan store on Chicago's Michigan Ave., Friday, Aug. 31, 2007. The Commerce Department reported Friday that consumer spending rose by 0.4 percent in July, double a Jun increase. The spending was upheld by a plain 0.5 percent arise in incomes, a best arrangement in this area in 4 months. (AP Photo/M. Spencer Green)A male checks out a shoe arrangement during a Cole Haan store on Chicago's Michigan Ave., Friday, Aug. 31, 2007. The Commerce Department reported Friday that consumer spending rose by 0.4 percent in July, double a Jun increase. The spending was upheld by a plain 0.5 percent arise in incomes, a best arrangement in this area in 4 months. (AP Photo/M. Spencer Green)

There’s a shoe remark in here somewhere: The select shoes association (which used to be partial of a Nike (NKE) family has filed paperwork for an initial open offering. The pierce creates central a trusted filing Cole Haan done final year, though didn’t divulge charity distance and cost info.

10:00 a.m. ET: Consumer view comes in aloft than approaching in February

Consumer view rose some-more than approaching in February, according to a University of Michigan’s allege Feb consumer view index.

The title index rose to 100.9 for a month, above a 99.5 approaching by accord economists. In January, a title index had clocked in during 99.8. This was nearby this expansion’s new arise of 101.4 from Mar 2018.

The subindex tracking consumers’ view about destiny expectations also kick expectations, entrance in during 92.6 contra a 90.0 expected. However, a subindex gauging view about stream conditions missed slightly, entrance in during 113.8 contra a 114.0 expected.

Amid a irresolution of February’s results, consumers have begun on a periphery to discuss domestic and geopolitical concerns, according to a University of Michigan’s arch economist Richard Curtin.

“These gains in consumers’ mercantile assessments have also been accompanied by a gloomy stirring of dual absolute sources of uncertainty. First, a coronavirus was mentioned by usually 7% when asked to explain their mercantile expectations in early February,” Curtin said. “Second, a runup to a presidential choosing is approaching to concentration on a immeasurable changes to taxes and spending programs; in early February, usually 10% of all consumers mentioned some aspect of a choosing as carrying a intensity impact on their mercantile expectations.”

9:32 a.m. ET: Stocks open somewhat aloft amid coronavirus, mercantile data

U.S. bonds non-stop churned Friday morning after a churned imitation on Jan sell sales expansion and as coronavirus cases continued to rise.

Here were a categorical moves in markets, as of 9:34 a.m. ET:

  • SP 500 (^GSPC): +0.17% or +5.87 points to 3,379.81

  • Dow (^DJI): +0.11% or +32.07 points to 29,455.38

  • Nasdaq (^IXIC): +0.27% or +26.59 points to 9,737.7

  • Crude oil (CL=F): +1.44% or +0.74 to 52.16 a barrel

  • Gold (GC=F): +0.25% or +3.90 to 1,582.70 per ounce

8:30 a.m. ET: Retail sales expansion matches expectations in January, though wardrobe store sales tumble sharply

Headline sell sales rose by 0.3% in January, a Commerce Department pronounced Friday, relating accord expectations. This was somewhat faster than December’s downwardly revised 0.2% boost for altogether sell sales.

Sales in a sell sales control group, that excludes autos, gas, building materials and food services, were prosaic in January. In December, core sell sales were downwardly revised to a 0.2% rise, from a 0.5% benefit formerly reported. This difficulty mostly closely aligns with a consumer spending member of sum domestic product.

Clothing stores and retailers reported a sales diminution of 3.1% in January, a many given 2009. Electronics stores, health and personal caring stores and gas stations also posted some-more medium declines in sales.

Miscellaneous store retailers led sales expansion with a 2.3% allege in January. Sales during building element and garden apparatus and reserve dealers were adult 2.1%.

7:56 a.m. ET: Delta Air Lines says it will deposit $1 billion to extent a CO footprint over a subsequent decade

Delta Air Lines is earmarking $1 billion over a subsequent decade to assistance extent a environmental impact of atmosphere transport with a idea of apropos a initial globally CO neutral airline, a association pronounced in a statement Friday. The association is a initial airline to make a joining of that bulk to improving a environmental impact of a operations.

The aviation attention accounts for about 2% of tellurian CO dioxide emissions, according to Delta. Its designed changes embody improving moody operations to diminution a use of jet fuel, investing in new record to mislay CO emissions from a atmosphere, and operative with other stakeholders to serve a CO rebate goals.

“There’s no larger plea that we know of that we need to be investing and innovating in than environmental sustainability,” CEO Ed Bastian told CNBC Squawk Box Friday morning.

7:38 a.m. ET: Stock futures deposit aloft in early trading

U.S. batch futures recovered some of Thursday’s waste forward of a opening bell, holding aloft even as traders eyed developments with a coronavirus.

Overnight, a series of coronavirus cases jumped by 5,000 to some-more than 63,000 in China. This came a day after a country’s Hubei range altered a approach it counted cases to embody those diagnosed by CT imaging scans, in further to those counted by prior nucleic poison tests.

Contracts on a Nasdaq outperformed opposite those for a SP 500 and Dow in early trading, with a tech-heavy index throwing a bid aloft as shares of Nvidia (NVDA) rose scarcely 7%. The chip-maker late Thursday delivered fourth-quarter formula that surfaced accord estimates, driven by record information core sales. Nvidia pronounced it expects first-quarter sales will be $100 million reduce due to impacts from a coronavirus, though a first-quarter superintendence for income of $3 billion was still improved than a Street expected.

Here were a categorical moves during a pre-market session, as of 7:38 a.m. ET:

  • SP 500 futures (ES=F): 3,383.5, adult 6 points or 0.18%

  • Dow futures (YM=F): 29,460.00, adult 28 points or 0.10%

  • Nasdaq futures (NQ=F): 9,644.25, adult 31.25 points or 0.33%

  • Crude oil (CL=F): $52.01 per barrel, adult $0.59 or 1.15%

  • Gold (GC=F): $1,579.60 per ounce, adult $0.80 or 0.05%

NEW YORK, NY - FEBRUARY 04: Traders work on a building of a New York Stock Exchange (NYSE) on on Feb 4, 2020 in New York City. The markets rebounded after a tumble final week on coronavirus fears. (Photo by Eduardo Munoz Alvarez/Getty Images)NEW YORK, NY - FEBRUARY 04: Traders work on a building of a New York Stock Exchange (NYSE) on on Feb 4, 2020 in New York City. The markets rebounded after a tumble final week on coronavirus fears. (Photo by Eduardo Munoz Alvarez/Getty Images)

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