People walk by the NYSE in New York City.
Spencer Platt | Getty Images News | Getty Images
Here are the most important news items that investors need to start their trading day:
1. Futures slide
2. A weakened euro
EU officials said their inflation forecasts will be revised upwards, but they do not point to a recession yet.
Bloomberg | Bloomberg | Getty Images
3. PepsiCo boosts sales outlook
Bottles of Pepsi are pictured at a grocery store in Pasadena, California.
Mario Anzuoni | Reuters
4. Gap CEO steps down
Sonia Syngal, CEO of Gap Inc.,
Alex Brandon | AP
5. Peloton shifts gears
A Peloton store in Walnut Creek, California, U.S., on Monday, Feb. 7, 2022.
David Paul Morris | Bloomberg | Getty Images
– CNBC’s Sarah Min, Sam Meredith, Elliot Smith, Amelia Lucas and Lauren Thomas contributed to this report.
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