Wall Street is reacting to the latest read on inflation this morning following the release of the January CPI report. The report is the first major inflation reading of 2024 and is key to the Fed’s next interest rate decision in March. On the earnings front, we heard from both Shopify (SHOP) and Coca-Cola (KO) this morning. Coke’s sales topped estimates, while Shopify topped expectations but is being weighed down by guidance. After the bell, we will hear from key names including Lyft (LYFT), Airbnb (ABNB), and Robinhood (HOOD). Yahoo Finance trending tickers include Arm Holdings (ARM), Waste Management (WM), and JetBlue (JBLU).

Key guests include:

8:30 a.m. ET - Stephanie Roth, Wolfe Research Chief Economist, and Claudia Sahm, Sahm Consulting Founder; Former Federal Reserve Board Economist
9:40 a.m. ET - Ryan Detrick, Carson Group Chief Market Strategist
10:40 a.m. ET - Peter Kern, Expedia CEO
11:30 a.m. ET - Anthony Noto, SoFi CEO