This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. In a partnership you might not have seen coming, Warren Buffett is teaming up with the NBA's Stephen Curry to revive his iconic charity lunch. Stock futures are rising this morning. The S&P 500 ended yesterday's session within striking distance of correction territory. Here are five key things investors need to know to start the trading day:
1. In like a lion
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 9, 2026. Michael Nagle | Bloomberg | Getty Images
The average price of gas in the U.S. today hit $4 per gallon for the first time since 2022. It's a not-so-welcome development as Wall Street closes out a rough month that has seen stocks battered by the surge in crude oil prices amid the U.S.-Iran war. Here's how stocks and assets have fared in March, with one trading day left in the month: All three of the major indexes are on track for their worst monthly and quarterly losses since 2022. The Dow Jones Industrial Average
The CBOE Volatility Index
U.S. West Texas Intermediate the first time since 2022.
the first time since 2022. May futures for Brent, the international benchmark, have meanwhile soared about 55% this month. If those gains hold today, it would be the benchmark's biggest monthly gain on record.
On the other hand, gold and silver have tumbled more than 13% and 24%, respectively, as investors rushed out of the precious metals following their monster rallies.
Stock futures are higher this morning after a report that President Donald Trump told aides he is willing to end the war even if the Strait of Hormuz remains largely blocked.
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