Here are the most important news, trends and analyzes that investors need to start their trading day:
1. Wall Street seems to be having another positive week
Traders on the floor of the New York Stock Exchange
Source: New York Stock Exchange
US futures fell on Friday, a day after a mixed session that saw a slight decline in the previous average record level of the Dow Jones Industrial Media, while the S&P 500 and Nasdaq achieved new record closings. All three stock market benchmarks followed for the second consecutive positive week, in a continuation of strength in February. So far this month, the Dow, S&P 500 and Nasdaq have risen 4.8%, 5.4% and 7.3%, respectively. The Dow and S&P 500 broke two-month gains in January, while the Nasdaq rose for the fourth straight month in January.
2. Booming Disney + helps compensate 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 media preview of the D23 2019 Exhibition in Anaheim, California, August 22, 2019.
Patrick T. Fallon | Bloomberg via Getty Images
Disney shares rose about 2% in premarket trading after the company reported an adjusted first-quarter tax profit of 32 cents a share. Analysts had expected a loss of 41 cents per share. Revenue fell 22% to $ 16.25 billion from a year earlier, though it exceeded estimates. Thanks to Covid, Disney saw a decline in theme park attendance and box office results, but the success of its video streaming service continued. Disney + added over 21 million subscribers this quarter for a total of 94.9 million.
3. The White House to address travel issues, education
A passenger wearing a face mask is seen at Ronald Reagan Washington National Airport in Arlington, Virginia, United States, February 2, 2021.
Ting Shen | Xinhua News Agency Getty Images
The airline’s chief executives will meet with the White House’s Covid-19 response coordinator on Friday to discuss travel issues, according to Reuters. The meeting is taking place as airlines, trade unions and industry groups strongly oppose the possibility of requesting Covid testing before departure for domestic flights.
A third grade class at Martin Luther King Jr. Elementary School in Southeast Washington, DC, February 5, 2021.
Evelyn Hockstein | Washington Post | Getty Images
The CDC plans to release new guidelines on Friday on how to reopen US schools as safely as possible. The pressure to reopen or expand personal learning has been developing for months as students and parents get tired of distance learning. Reopening schools is a major priority for the Biden administration.
4. The United States provides another 200 million doses of Covid vaccine
President Joe Biden speaks during a visit to the National Institutes of Health (NIH) in Bethesda, Maryland, February 11, 2021.
Saul Loeb | AFP | Getty Images
The White House has won bids for 100 million additional doses of Covid Pfizer vaccine and 100 million more than Moderna. During Thursday’s National Institutes of Health tour, President Joe Biden said the United States will now have enough 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 launch under former President Donald Trump. About 34.7 million of the 331 million Americans received at least the first dose of the vaccine, according to the CDC.
5. It is the turn of the defense to the process of removing Trump
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 third day of the Senate removal process begins on Thursday. February 11, 2021.
Bill Clark | CQ-Roll Call, Inc. | Getty Images
Defense attorneys in Trump’s impeachment process are set to begin arguing why the former president should not be convicted of inciting the deadly US Capitol attack last month. They are prepared to admit that the violence was as traumatic, unacceptable and illegal as Democratic prosecutors described. But he also intends to claim that Trump has nothing to do with it. The argument will likely attract Republican senators who want to be considered convicted of violence without convicting the former president.
– Reuters and The Associated Press contributed to this report. Follow CNBC’s blogs on the markets, the pandemic, and Trump’s ouster.