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U.S. stocks remained steady on Monday following a record-breaking week for the S&P 500. Investors are anticipating upcoming inflation data and earnings reports.

As of 12:08 PM ET, the Dow was up 210.3594 points, or 0.544%, at $38882.05. The Nasdaq Composite added 60.6035 points, or 0.3374%, at $18023.008. The S&P 500 rose 20.2202 points, or 0.4023%, at $5046.83. Among the 11 major S&P 500 sectors, 12 showed positive movement, with Communication Services leading the way with a 0.86% increase. 

In the upcoming week, 61 companies in the S&P 500, including gig economy giants Lyft, Instacart, and DoorDash, will announce their earnings. Additionally, AutoNation, Kraft Heinz, Hasbro, and Coca-Cola will provide insights into the U.S. consumer landscape.

Traders will closely monitor the release of the consumer price index (CPI), a vital measure of inflation, on Tuesday. Further economic data, including January's retail sales, production figures, import/export data, housing starts, and the producer price index (PPI), are expected later in the week on Thursday and Friday.

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Top Movers: Under $10

SU Group Holdings Ltd. (SUGP) is up 40.38% today to trade at the current level of $3.72. This comes after the company announced that it has won a major customer security project to provide security engineering services for a property complex in Hong Kong.

ContextLogic Inc (WISH) zoomed 39.78% in today’s trade to $6.29 after announcing an agreement to sell substantially all operating assets and liabilities associated with Wish to Qoo10 for $173 million in cash.

In current trading, D-Wave Quantum Inc (QBTS) stock is at $1.43 after announcing that the 1,200+ qubit Advantage2 prototype is now available via the company’s Leap real-time quantum cloud service.

T2 Biosystems Inc (TTOO) rose 21.88% in the early hours of today's trading to move at $5.96 following the receipt of FDA 510(k) clearance for the expanded T2Bacteria Panel.

In the current trading session, Sangamo Therapeutics Inc (SGMO) jumped 24.42% to $0.71 over a previous close of $0.57. The company announced important U.S. and European regulatory updates for isaralgagene civaparvovec, or ST-920, its wholly owned gene therapy product candidate for the treatment of Fabry disease.

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Ex-Dividends Stocks

Aramark (ARMK) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.1 per share. It has fixed February 14 as the record date for the same and will pay the actual dividend on February 28. Last year, the company distributed a total of $0.40 (1.31%) to its shareholders. Based on the last year's worth of payments, ARMK has a trailing yield of 0.33 (1.08%) on the current stock price of $30.77.

Another stock that is shelling out dividends tomorrow is Consolidated Edison, Inc. (ED), having a market capitalization of $30.76B. It will pay a dividend of $0.83 per share, the payment date of which is March 15. Currently, the stock is trading at a trailing dividend yield of 3.24 (3.64%).

Shares of FS KKR Capital Corp. (FSK) will be the talk of stock market on Tuesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.05 per share. Last year's total dividend payments show that FSK has a trailing yield of 2.54 (12.60%) on the current share price of $20.15.

New York Community Bancorp Inc. (NYCB) is also set to go ex-dividend tomorrow. The next dividend payment from NYCB will amount to $0.05 per share. February 14 has been designated as the record date for this dividend, with the actual payout scheduled for February 28. In the previous year, NYCB distributed a total of $0.20 (4.01%) to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for NYCB stands at 0.51 (10.22%) based on the current stock price of $4.99.

Exxon Mobil Corp. (XOM) will be paying out a dividend of $0.95 per share to shareholders holding their shares as of the close of the business hours on the record date of February 14. Over the past 12 months, XOM has paid out a total of $3.82 (3.71%) per share in dividends. Based on the total dividends paid out last year, XOM boasts an impressive trailing yield of 3.68 (3.57%) on the current share price of $103.00.

Crypto Market Highlights

Most Shorted Stocks

Bit Brother Limited (BETS) was one of the most shorted stocks as of latest short interest figures, with 72.12% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 0.3. This represents a change of 262800 shares, which corresponds to a +149.91% increase in short interest. The total value of the shares held short is estimated to be around $1.23 million. The average daily volume stands at 2.31 shares, and the market capitalization of the company is $1.74M.

The Revelation Biosciences Inc with the symbol REVB currently has a short interest of 30.78%. The short interest has changed by 101000 shares. The days to cover ratio stands at 0.6. The estimated value of the shares held short is approximately $0.33 million. On an average day, 1.76 shares are traded, with the company's market capitalization totaling $1.10M.

For the stock Novavax, Inc. (NVAX), the current short interest is at 43.85%. This represents a significant short interest change of 1180000 shares, corresponding to a short interest percentage increase of +2.32%. The days needed to cover the short positions amount to 6.9. The approximate worth of the shares held short is $222.95 million.

With the symbol BYND, the stock currently has a short interest of 38.38%. The short interest change is -250000 shares, compared with a short interest percentage change of -1.06%. It would take approximately 8.2 days to cover all the short positions. The shares short value is estimated to be around $378.17 million. The company boasts an average daily volume of 1.23 shares, contributing to a market capitalization of $468.24M.

The stock UPST has a current short interest of 40.71%. The short interest percentage has experienced decrease of -0.90% while there was a change of -270000 shares in short interest. The ratio indicating the time required to cover short positions is 2.9. The calculated worth of the shorted shares amounts to around $827.64 million. Trading activity averages at 1.52 shares per day, while the company's market capitalization stands at $3.01B.

Upcoming IPOs

Massimo Group (MAMO) is all set for its debut on the NASDAQ exchange on February 13. They are offering shares in the price range of $4.00 to $5.00. With a total of 1,300,000 shares available, the company aims to raise approximately $5.85M through this IPO.

Scripps Safe, Inc. (SCRP) will be entering the market with its IPO on February 13, on the NASDAQ exchange. The shares will be offered at a fixed price of $5.00 per share. They plan to offer 1,200,000 shares, targeting a deal size of $6.00M.

BioLingus (Cayman) Limited (SUBL) is also scheduled to make its debut on the NASDAQ exchange on February 14. The shares will be offered at a fixed price of $20.00 per share. The IPO includes 360,000 shares, aiming for a deal size of $7.20M.

Amphitrite Digital Incorporated (AMDI) is set to join the NASDAQ on February 14. They are offering shares in the price range of $3.50 to $4.50. They are offering 1,750,000 shares, with an estimated deal size of $7.00M.

NYIAX, Inc. (NYX) is poised to debut on the NASDAQ exchange on February 16, offering 2,106,250 shares at a price of $4.00 per share. The company aims to raise approximately $8.43 million through this IPO.