To The Moon

The University of Michigan's Consumer Sentiment Index slid to 67.8 in February's preliminary reading from 71.1 in the prior month, compared with the 71.9 consensus. The slide came as inflation expectations at the one-year horizon continued to climb.Year-ahead inflation expectations jumped to +4.3% from +3.3% in January, surpassing the +3.3% consensus.The latest reading was the lowest since July 2024, with all five index components waning this month.Current Conditions Index: 68.7 vs. 73.0 expecte

Chinese ADRs slumped in premarket trading with PDD tumbling over 6%.

Barring some positive surprises with earnings and/or upcoming delivery numbers, expect NIO stock to stay under pressure.

Shareholders of China's e-commerce powerhouse just can't get a break -- but one's coming sooner rather than later.

Stocks fell Tuesday as traders kept an eye on rising Treasury yields, which hit a 16-year high.The 10-year Treasury yield traded at 4.735%, climbing to its highest level since Aug. 15, 2007. The bench