Stocks Down Pre-Bell Ahead of Key Inflation Report

07:20 AM EST, 02/13/2026 (MT Newswires) -- The benchmark US stock measures were pointing lower before the open Friday as traders await a key inflation report.

The S&P 500, the Dow Jones Industrial Average and the Nasdaq each slipped 0.3% in premarket activity. The indexes logged their steepest single-day declines since Jan. 20 on Thursday.

The consumer price index report for January, which was delayed due to a partial federal government shutdown that ended last week, is scheduled for an 8:30 am ET release. Government data are expected to show that consumer inflation rose 0.3% and 2.5% on sequential and annual bases last month, according to a Bloomberg-compiled consensus.

Treasury yields were up in premarket action, with the two-year rate edging 0.6 basis points higher to 3.47% and the 10-year rate increasing 0.8 basis points to 4.11%.

Earlier in the week, official data showed that the US economy added more jobs than expected in January, while the unemployment rate fell versus Wall Street's views for it to hold steady, strengthening investor confidence that the Federal Reserve will keep interest rates steady next month.

The probability of the Fed leaving its benchmark lending rate unchanged next month stood at 92% on Friday, according to the CME FedWatch tool.

Shares of Applied Materials (AMAT) jumped 11% pre-bell after the semiconductor equipment maker issued an upbeat fiscal second-quarter outlook at the midpoint and reported better-than-expected results in the prior three-month period. Airbnb (ABNB) gained 4.8% as the company reported higher-than-expected quarterly revenue amid strong demand.

Rivian Automotive (RIVN) climbed 20% as the automaker's fourth-quarter loss unexpectedly narrowed year over year. Coinbase Global (COIN) inclined 5.5% after closing the previous trading session down 7.9% following its quarterly results.

Magna International (MGA) , Moderna (MRNA) , Essent Group (ESNT) , Advance Auto Parts (AAP) and Wendy's (WEN) are expected to release their earnings before the bell, among others.

West Texas Intermediate crude oil moved up 0.4% to $63.05 a barrel before the opening bell. The International Energy Agency on Thursday lowered its projections for global oil demand growth for 2026, as economic uncertainties and high crude prices weigh on consumption.

The weekly Baker Hughes oil-and-gas rig count posts at 1 pm.

Gold rose 0.4% to $4,969 per troy ounce, while bitcoin advanced 2.3% to $66,968.

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