Dow Jones Industrial Average (DJI) futures are pointing to a positive open for stocks this morning after the historic two-day coronavirus-inspired sell-off. However, traders will likely remain on edge throughout the session, given how quickly equities gave up early morning gains on Tuesday. What's more, President Donald Trump has said he will be holding a press conference on coronavirus this evening. Investors in the meantime will be digging through a number of quarterly releases this morning.

Continue reading for more on today's market, including: 

• Schaeffer's Senior Quantitative Analyst Rocky White explains why copper's fall may not matter for stocks.
• Inside Home Depot's earnings beat.
• Plus, 3 names to watch post-earnings.

5 Things You Need to Know Today

1. The Cboe Options Exchange (CBOE) saw 1.27 million call contracts traded on Tuesday, compared to 1.02 million put contracts. The single-session equity put/call ratio moved to 0.80, and the 21-day moving average was 0.56.
2. Salesforce.com, Inc. (NYSE:CRM) is set to open down 1.7% after co-CEO Keith Block stepped down from his role. The company also announced it's buying cloud software firm Vlocity, and it reported earnings per share of 66 cents, topping analysts' expectations of 56 cents.
3. The shares of Wendy's Company (NASDAQ:WEN) are trading down 4% this morning, with traders focusing on the company's disappointing full-year profit outlook. Same-store sales and earnings per share both topped estimates for the last quarter, though.
4. Set to make a much bigger post-earnings move this morning is SmileDirectClub Inc (NASDAQ:SDC), as the stock is pacing for a 24% drop at the open. The company's quarterly loss has sparked a wave of bear notes, including a downgrade to "hold" from "buy" at Jefferies.
5. New home sales are on the schedule, as well as quarterly reports from Etsy (ETSY), L Brands (LB), Lowe's (LOW), Monster Beverage (MNST), Papa John's (PZZA), and SeaWorld Entertainment (SEAS).

Asian Equities Keep Falling

Asian markets finished lower as the coronavirus continues to spread on a global level. The Shanghai Composite and the Japanese Nikkei both shed 0.8%, while South Korea’s Kospi lost 1.3%. Rounding out the region, Hong Kong’s Hang Seng fell 0.7%, after the city revealed its $15.4 billion budget.

Over in Europe markets are also struggling, as the virus continues to spread throughout Italy and now France, with the latter reporting its second coronavirus-related death today. At last check, the French CAC 40 has lost 0.4%, the London FTSE 100 is down 5%, and the German DAX is off 0.6%.

The Dow Jones Industrial Average's (DJI) continues to recover from last week's catastrophic selloff, up over 700 points at its intraday peak. The blue-chip index brushed off disappointing data from the ISM manufacturing index, which showed a slowdown due to coronavirus headwinds last month. Meanwhile, Wall Street is eyeing impressive resilience from Apple (AAPL), Merck (MRK), and Walmart (WMT). A lead out of tech also has the Nasdaq Composite (IXIC) sporting its own triple-digit gain midday.

Continue reading for more on today's market, including: 

• FAANG stock surging higher on bull note.
• Analyst waxes optimistic on this software name.
• Plus, a casino stock with surging options; and the best and worst of the NYSE and Nasdaq.

One stock sporting unusual options volume today is casino name Caesars Entertainment Corporation (NASDAQ:CZR), where 18,000 puts have crossed the tape so far, 20 times what's typically seen at this point. The June 10 and April 10 puts are the most popular, with more than 12,000 contracts traded. At last glance Caesars stock is down 3.1% at $12.32, and pacing toward its seventh-straight loss.

Car sales platform Cars.com Inc (NYSE:CARS) is one the worst performers on the New York Stock Exchange (NYSE), last seen trading 10.3% lower at $8.17. While the catalyst behind the drop remains unclear, overhead pressure at the 160-day moving average has halted multiple breakout attempts since mid January. Longer-term, the $13 mark has been a ceiling of resistance for the shares. Over the past 12 months, Cars.com stock has shed 66%.

Biotech Forty Seven Inc (NASDAQ:FTSV) is one of the top stocks on the Nasdaq this afternoon, surging more than 60% at $93.74, earlier touching a record high of $94.03. Today's impressive bull gap comes after news the company will be purchased for $4.9 billion in all cash, or $95.50 per share, by sector peer Gilead Sciences (GILD). FTSV has surged 138% in 2020 alone, and following today's outperformance is pacing toward its second best day ever.

Stock bounced back in a big way today, as Wall Street attempted to rectify losses incurred during the worst week since the 2008 financial crisis. The Dow turned in an over 1,2000 point win -- its biggest percentage gain since March 2009 -- and snapped a seven-day losing streak in the process. All three benchmarks notched wins of 4% higher or more. Nevertheless, investors are still unpacking the coronavirus outbreak that has resulted in over 3,000 deaths with more coming from outside of China, while the U.S. now has a total of 91 verified COVID-19 cases.

Continue reading for more on today's market, including:

• This drug stock is breaking out after a COVID-19 vaccine update.
• Twitter stock was on the rise today amid reports of a CEO switch.
• Plus, Apple gets analyst upgrade; options volume takes off for 2 airline stocks; and JD.Com bounces back. 

The Dow Jones Industrial Average (DJI - 26,703.32) finished 1,293.96 points, or 5.1% higher for the day. Apple (AAPL) paced the 30 winners with a 9.3% gain, while Walt Disney (DIS) turned in a roughly 2% win at the bottom of the Dow.

The S&P 500 Index (SPX - 3,090.23) gained 136 points, or 4.6%, while the Nasdaq Composite (IXIC - 8,952.17) added 384.8 points, or 4.5%.

The Cboe Volatility Index (VIX - 33.42) shed 6.7%, or 16.7%.

5 Items on Our Radar Today

1. Chinese tech giant Huawei reportedly shipped prohibited U.S. computer equipment to Iran’s largest mobile-phone operator. The newly obtained packaging lists that show computer equipment made by Hewlett-Packard and destined for the Iranian carrier are evidence that the controversial company directly violated trade sanctions. (Reuters)
2. Senator and Democratic primary candidate Amy Klobuchar is dropping out of the 2020 presidential race. Despite picking up delegates in New Hampshire, lack of funding and polling momentum stalled her campaign. She is expected to endorse former Vice President Joe Biden. (MarketWatch) 
3. Apple shares were upgraded to “outperform,” despite coronavirus concerns.
4. Puts popped on these two grounded airline stocks. 
5. Chinese e-tailer JD.Com hit new highs after earnings today. 

Data courtesy of Trade-Alert

Oil, Gold Bounce Back

Oil futures saw a rise today after last week's drubbing. More output by from the Organization of the Petroleum Exporting Countries' (OPEC) and potential stimulus from central banks are behind rally today. Crude oil added $1.99, or 4.5%, to trade at $46.75 per barrel, and its biggest daily percentage climb of 2020.

Gold futures also climbed today, up $28.10,or  1.8%, to trade at $1,595.50 per ounce, bouncing back after suffering its largest daily fall in nearly seven years on Friday. The rise comes after growing expectations for new policy from the Fed as well as other central banks in response to the suffering global economy. 

Dow Jones Industrial Average (DJI) futures are higher despite a less-than-assuring statement from the Group of Seven industrial powers this morning. The G-7 confirmed they were committed to using "all appropriate policy tools to achieve strong, sustainable growth,” to assuage coronavirus concerns, but then left investors scratching their heads after failing to delve into any specific actions. Despite this, the Dow is indicating a triple-digit gain going into today, while the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are following suit. 

Continue reading for more on today's market, including: 

• How one China stock staged an impressive rebound yesterday. 
• 2 grounded airline stocks options bears love right now. 
• Plus, 2 retailers that just stepped into the earnings confessional; and TSLA gets another big bull note. 

5 Things You Need to Know Today

1. The Cboe Options Exchange (CBOE) saw 87.8 million call contracts traded on Monday, compared to 76.2 million put contracts. The single-session equity put/call ratio moved to 0.87, and the 21-day moving average was 0.60.
2. Target Corporation (NYSE:TGT) has slipped below breakeven in pre-market trading following a mixed fourth-quarter report. The retailer posted earnings of $1.69 that beat analysts' expectations, but $23.4 billion in revenue, which missed the mark. The equity is down 1.7% before the bell. 
3. Meanwhile, Kohl's Corporation (NYSE:KSS) is dominating the retail sector before the open. The stock is up 3.2% following a fourth-quarter earnings and revenue report that topped analysts' estimates. The department store's CEO Michelle Gass cited strong traffic growth both online and in stores, thanks in part to a bevy of new brands launched right before the holiday season. 
4. Tesla Inc (NASDAQ:TSLA) is looking to close last week's bear gap this morning, up 5.3% after JMP Securities hiked its price target to $1,060 -- the second highest on Wall Street -- and upgraded the stock to "market outperform" from market perform. The analyst said Tesla's growth rate looks sustainable for the next four to five years and predicted that coronavirus headwinds could create an ideal buying opportunity for investors. 
5. Weekly crude inventories data and motor vehicle sales for February are due out today along with earnings reports from AutoZone (AZO), Cronos Group, Nordstrom (JWN), Urban Outfitters (URBN), and Veeva Systems (VEEV). 

Asian Markets Cautiously Higher Despite G-7 Statement 

Markets in Asia were mostly higher today, although gains were limited after the vague statement from the Group of Seven industrial powers. China's Shanghai Composite gained 0.7%, while Hong Kong's Hang Seng finished marginally lower. South Korea's Kospi tacked on 0.6%, but Japan's Nikkei bucked the regional trend to finish 1.2% lower.

Over in Europe, stocks are up across the board at midday. London's FTSE 100 is up 1.5%, while the German DAX and French CAC 40 are up 1.7% and 1.3%, respectively. Airline stocks such as Lufthansa and Air France KLM are leading the rally today.

The Dow Jones Industrial Average (DJI) is off over 555 points midday, as Wall Street digests the Fed's decision to make an emergency rate cut by half a percentage point, to ease the impact of coronavirus-related economic headwinds. This news is devastating the financial sector, with some investors initially pricing in a larger effort from the central bank. While the blue-chip index originally swung 300 points higher this morning, the surge was short-lived. Both the tech-heavy Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are significantly lower as well.

Continue reading for more on today's market, including: 

• Weed stock suffers pullback on earnings blunder.
•  Penny stock popping on a COVID-19 update.
• Plus, the biotech buyout to watch; and some of the best (and worst) stocks to watch out for today.

One stock sporting unusual options volume today is Qiagen (NYSE:QGEN). The equity is surging after Thermo Fisher Scientific (TMO) agreed to buy the genetic testing company for $11.5 billion. So far 7,334 calls and 3,964 puts have crossed the tape, six times the average expected rate, with volume pacing in the 99th annual percentile. Today's jump now has QGEN trading back above its year-to-date breakeven mark, up 15.2% at $41.56, at last check.

Drugstore concern Rite Aid Corporation (NYSE:RAD) is one the best performers on the New York Stock Exchange (NYSE) this afternoon, last seen up 10% at $16.92. While the catalyst remains unclear, RAD today touched its highest intraday point since early January, and has been enjoying a leg of support from the ascending 50-day moving average on a longer-term basis as well.

Finance name GreenSky LLC (NASDAQ:GSKY) is one of the worst stocks on the Nasdaq today, last seen down 14.4% at $6.75 after last night reporting fourth-quarter results that were well below analyst estimates. The equity has been stuck in a series of lower highs since last August, and now sports a 23% year-to-date loss.

Stocks were trounced once again today, even after the emergency efforts from the Federal Reserve. Despite a triple-digit surge out of the gate this morning, the Dow finished 786 points lower, exacerbating its losses after the central bank cut interest rates by half a percentage point in an effort to aid slower economic growth amid the coronavirus outbreak. Meanwhile, the 10-year treasury yield dipped below 1% for the first time ever.

The S&P 500 and Nasdaq both closed deep in the red, and all three benchmarks logged losses of 2% or more. The Fed’s decision to step in comes two weeks before a scheduled meeting, the first time emergency action has been taken between scheduled meetings since the 2008 financial crisis.

Continue reading for more on today's market, including:

• This Walmart rival took a post-earnings hit today.
• Analyst cheered Qiagen's big merger.
• Plus, options bulls blast FTSV; a new bottom for Tilray stock; and Inovio Pharmaceuticals progresses COVID-19. 

The Dow Jones Industrial Average (DJI - 25,917.41) finished 785.91 points, or 2.9% lower for the day. Coca-Cola (KO) was the lone winner with a 0.3% gain, while American Express (AXP) turned in a 5.1% loss at the bottom of the Dow.

The S&P 500 Index (SPX - 3,003.37) shed 86.9 points, or 2.8%, while the Nasdaq Composite (IXIC - 8,684.09) lost 268.1 points, or 3%.

The Cboe Volatility Index (VIX - 36.82) added 3.4%, or 10.2%.

5 Items on Our Radar Today

1. As the Super Tuesday polls open up, Bernie Sanders hopes to beat former Vice President Joe Biden, despite the latter racking up a surprising amount of momentum after a South Carolina primary victory. Biden has also picked up endorsements from several key figures going into today. (CNBC)
2. Some airlines are waiving flight change fees in response to the coronavirus outbreak, while others are focusing on flights to regions that are being more heavily impacted. American Airlines (AAL), for example, will not charge a change fee for flights booked between March 1 and March 16. (MarketWatch)
3. Analysts and options traders reacted to FTSV's new record high.
4. Breaking down Tilray's ugly turn in the earnings confessional.
5. Another drug stock popped amid a vaccine development.

Data courtesy of Trade-Alert

Oil, Gold Bounce Back

Oil futures are little changed since Monday, going up just 43 cents, or 0.9%, to trade at $47.18 per barrel amid reports that the Organization of the Petroleum Exporting Countries (OPEC) and its allies are preparing a production cut next week.

In the wake of the Fed's emergency rate cut, April-delivered gold saw a big rise today, gaining $49.61, or 3.1%, to trade at $1,644.40 per ounce.

Dow Jones Industrial Average (DJI) futures are signaling an over 600 point surge going into today's trading, as Wall Street unpacks former Vice President Joe Biden's big wins on Super Tuesday, pulling ahead of Senator Bernie Sanders in the delegate count for the Democratic Primaries. This has the healthcare sector -- specifically UnitedHealth (UNH) -- eyeing big pre-market wins. Meanwhile, the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also looking at notable opens higher. 

Continue reading for more on today's market, including: 

• Why Forty Seven stock has attracted so much attention. 
• A deep dive into last week's historic trading volume, from CEO and founder Bernie Schaeffer. 
• Plus, Home Depot gets a bull note; ZGNX stock inches higher; and Nordstrom's 2020 outlook misses the mark. 

5 Things You Need to Know Today

1. The Cboe Options Exchange (CBOE) saw 1.03 million call contracts traded on Tuesday, compared to 752,813 put contracts. The single-session equity put/call ratio moved to 0.73, and the 21-day moving average was 0.60.
2. Home Depot Inc (NYSE:HD) is once again attempting to erase last week's sell-off this morning after a bull note from Instinet. The analyst upgraded HD to "buy" from "neutral," and lifted its price target to $251 from $240. The blue chip is up 2.5% in pre-market trading. 
3. Drugmaker Zogenix, Inc. (NASDAQ:ZGNX) was initially lower after offering 8.5 million shares of common stock for $23.50 a share -- a nearly 6% discount to last night's close. The company will put the proceeds into development and possible commercialization toward several experimental drugs including Fintepla, its treatment for patients with Dravet syndrome. However, the equity is brushing off some of these earlier losses with a modest early morning gain of 0.3%. 
4. Retailer Nordstrom, Inc. (NYSE:JWN) is on a slippery slope this morning, following its fourth-quarter earnings report. The equity is down 7.3% in electronic trading and looking to open at six-month lows after it forecast full-year profits and posted revenue that missed analysts' estimates. Barclays has already downgraded JWN, while three others issued price-target cuts.
5. Today's calendar will bring the ADP employment report, Markit services PMI, the ISM non-manufacturing index, and the Fed's Beige book. On the earnings docket are reports from Abercrombie & Fitch (ANF), American Eagle (AEO), Bilibili (BILI), Baozun (BZUN), and Campbell Soup (CPB).  

Asian, European Markets Strengthened by U.S. Fed Action 

Markets in Asia reacted  favorably to the Fed's emergency rate cut yesterday, and were mostly higher across the board. South Korea's Kospi paced the region with a 2.2% win, after the country proposed an extra budget of 11.7 trillion Korean won, or $9.86 billion, to help fight the COVID-19 outbreak. China's Shanghai Composite gained 0.6%, despite its Caixin/Markit services Purchasing Managers’ Index (PMI) falling to record lows last month. Japan's Nikkei gained roughly 0.1%, while Hong Kong's Hang Seng finished down 0.2%.

Over in Europe, stocks are also lifted by the Fed's emergency actions, in the hope that it serves as a catalyst for other central banks. At last check, London's FTSE 100 is up 1.3%, the French CAC 40 is up 1%, and the German DAX is up 1.1%.

The Dow Jones Industrial Average (DJI) is in the midst of a substantial rally today, thanks to political tailwinds created by former Vice President Joe Biden. His slew of Super Tuesday primary victories last night puts him ahead of Senator Bernie Sanders in the delegate count, and healthcare stocks like UnitedHealth (UNH) are booming as a result.

Both the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are enjoying outsized gains at midday as well, thanks to upbeat economic data; the Institute for Supply Management (ISM) non-manufacturing index grew at a better-than-expected rate last month. Plus, the ADP private payrolls report jumped by a larger-than-estimated margin. 

Continue reading for more on today's market, including: 

• Dollar Tree stock took a hit after earnings this morning.
• Upgrade gives Chipotle stock a boost.
• Plus, Twitter options traders call bottom; HPE dinged by forecast cut; and Waste Management gets big upgrade.

One stock sporting unusual options volume today is Twitter Inc (NYSE:TWTR). So far 90,000 puts have crossed the tape, four times the average expected rate, with volume pacing in the 100th annual percentile. The most popular so far today is the April 33 put, where it looks like positions are being sold. Today, the social media stock is trading at $35.04, and is up 9.2% in 2020, so those selling those puts see the $33 level as a floor for the next few months.

Tech stock Hewlett Packard Enterprise Co (NYSE:HPE) is near the bottom of the New York Stock Exchange this afternoon, last seen down 8% at $11.58, and earlier hit a three-and-a-half year low of $11.49. This comes after the software company cut its free cash flow forecast for 2020 due to the COVID-19 outbreak. Seven brokerages have issued price-target cuts this morning already, the lowest coming from Credit Suisse to $11.50. HPE is now down 26% year-to-date

Waste Management, Inc. (NYSE:WM) is up 3.7% to trade at $117.34 today, after UBS upgraded the trash specialist to "buy" from "neutral," while upping its price target to $132 from $116. That's record high territory for WM, which has reclaimed its year-to-date breakeven level, as well as its 200-day moving average today, the latter of which served as support in late 2019.

The Dow cratered today by more than 2,000 points, as Wall Street continues to slog through one of the worst stock market crashes in history. The blue-chip index just turned in its worst day since October 2008 as plummeting oil prices and coronavirus concerns form a perfect storm of investor panic.

The S&P 500 and Nasdaq also were walloped and turned in their worst days since December 2008, kicked off by a 15-minute trading halt this morning before the market reopened shortly before 10 a.m. Wall Street's "fear gauge," the Cboe Volatility Index, logged its fifth straight win and highest close since December 2008.

Continue reading for more on today's market, including:

• This oil stock bucked the broad market crash.
• Amazon.com stock fell despite a new business opportunity.
• Plus, TWTR tackled “fake” campaign video; cruise stocks fall amid coronavirus outbreak; and Costco pulled free samples to protect consumers. 

The Dow Jones Industrial Average (DJI - 23,851.02) finished 2,013.76 points, or 7.8% lower for the day. Walmart(WMT) shed the least on the Dow with a 0.1% drop. Dow Inc (DOW) paced the blue-chips with a 21.7% loss.

The S&P 500 Index (SPX - 2,746.56) shed 225.8 points, or 7.6%, while the Nasdaq Composite (IXIC - 7,950.68) lost 624.9 points, or 7.3%.

The Cboe Volatility Index (VIX - 54.46) added 12.5%, or 29.9%.

5 Items on Our Radar Today

1. The World Health Organization (WHO) has warned that that COVID-19 is quickly approaching pandemic status. On a conference call to reporters, Director-General Dr. Tedros Adhanom Ghebreyesus called the threat of such a status is "very real," despite rising recovery cases in China. (CNBC)
2. A recent report argued that despite the sharp market decline that taken place over the last couple weeks in the face of the coronavirus outbreak, homeowners may not have to worry about the values of homes falling in line with the stock market. (MarketWatch)
3. Twitter stock is in the red despite a debunked Trump video and $1 billion deal.
4. Two major cruise line stocks suffered as the COVID-19 outbreak intensifies.
5. Costco pulled free samples to protect consumers.

Data courtesy of Trade-Alert

Oil Logs Worst Day Since 1991    

Oil prices face-planted to four-year lows as the ongoing price struggles between Russia and Saudi Arabia continued to escalate. April-dated crude finished down $10.15, or 24.6% to trade at $31.13 per barrel. It was black gold's biggest one-day drop since 1991.

Fresh off their best week since 2011, gold futures saw slight gains today. April-dated gold futures added $3.30, or 0.2% to finish at $1,670.40 per ounce.

Stocks are recovering some of yesterday's historic losses in pre-market trading today, as the Dow Jones Industrial Average (DJI) signals a nearly 900 point open. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also eyeing a significant pop, after U.S. President Donald Trump proposed the idea of "a payroll tax cut or relief" to help curb some of the negative effects the coronavirus has had on the U.S. economy. However, some Trump administration officials have said that specific proposals are far from being rolled out. Oil prices, meanwhile, are seeing a respite from yesterdays steep selloff, with April-dated crude futures last seen up 9.3% at $34.01 per barrel. 

Continue reading for more on today's market, including: 

• Analyst sees promise for GrubHub stock as coronavirus fears deepen. 
• Facebook stock in more hot water after Australian privacy breach allegation. 
• Plus, Tesla makes its millionth car; SFIX unravels on forecast miss; and Dick's Sporting Goods surges after earnings. 

5 Things You Need to Know Today

1. The Cboe Options Exchange (CBOE) saw 96.3 million call contracts traded on Monday, compared to 83.2 million put contracts. The single-session equity put/call ratio moved to 0.86, and the 21-day moving average was 0.65.
2. Tesla Inc (NASDAQ:TSLA) is taking back some of yesterday's selloff, up 8.6% on an announcement from its CEO Elon Musk via Twitter (TWTR) that the electric automaker has now produced 1 million cars. The equity is looking to open back atop its 50-day moving average -- a trendline it breached yesterday for the first time since October. 
3. Online stylist Stitch Fix Inc (NASDAQ:SFIX) is limping out of the earnings confessional after posting fiscal second-quarter revenue of $451.78 million, which missed analyst estimates. The firm also posted fiscal third-quarter and full-year forecasts that fell below expectations, sparking no less than nine analyst price target cuts and bringing the equity down 29.2% in pre-market trading. 
4. Dicks Sporting Goods Inc (NYSE:DKS) is up 9.9% in early market trading after posting fourth-quarter profits of $1.32 on $2.61 billion in revenue for its fourth quarter, both of which exceeded analysts' estimates. The retailer also announced that it would be pulling guns from another 440 of its stores this year. 
5. The NFIB small business optimism index is due out today. 

Markets in Asia, Europe Rebound 

Markets in Asia participated in the bounce back today, as investors eye possible stimulus measures to combat the global COVID-19 outbreak. China's Shanghai Composite added 1.8%, while tech stocks Tencent and Alibaba lifted Hong Kong's Hang Seng 1.4%. Rounding out the region, South Korea's Kospi tacked on 0.4%, while Japan's Nikkei pared earlier losses to finish 0.9% higher.

In Europe, stocks are also trying to rebound from yesterday's global rout. Italy's government has extended its quarantine to the entire country and continues to be the worst-hit area outside of Asia. London's FTSE 100 is up 3.2%, while the French CAC 40 is up 2.9% thanks to a big day from automaker Renault. The German DAX is 2.4% higher at last check.

Stocks continue to shake off yesterday’s worst day since 2008, with the Dow Jones Industrial Average (DJI) up around 126 points at last check. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also in recovery mode, as President Donald Trump put forth the idea of a payroll tax cut or relief in response to the rapidly increasing coronavirus headwinds in the U.S. Oil prices are on the rise as well, April-dated crude last seen up 6.2% at $33.07 a barrel.

Continue reading for more on today's market, including: 

• Why SFIX just hit record lows.
• Retailer seeing a post-earnings pop.
• Plus, MGM’s options volume surge; the latest home technology to pop amidst coronavirus, and AHPI suffers a fall from a recent high. 

One stock sporting unusual options volume today is MGM Resorts International (NYSE:MGM), the equity up 3% at $18.46, at last check. Both calls and puts are popular, with 105,000 calls and 109,000 puts across the tape so far, 12 times what’s typically seen. Most popular is the March 36-strike call, where more than 107,000 contracts have been traded. In recent weeks, overhead pressure has emerged at its 30-day moving average.

One of the stocks topping the New York Stock Exchange (NYSE) today is Vivint Smart Home Inc (NYSE:VVNT), rising 34.2% to trade at $30.80, at last check. The surge comes after the company reported a 45,861 subscriber gain for the four quarter with even more growth forecast for 2020, as well as the completion of its merger with Mosaic Acquisition. Support at the equity's 30-day moving average has attributed to VVNT's now 183% year-to-date lead.

Situated near the bottom of the Nasdaq is Allied Healthcare Products Inc (NASDAQ: AHPI), extending its plummet from its recent late-February record high of $45. After holding its own despite the surrounding market's selloff last week, the catalyst for its plunge today is unclear. AHPI is down 26.3% at $9.80 at last check. 

After a disastrous Monday, the Dow turned in an over 1,000-point rally today, as Wall Street recouped some of the historical losses suffered in the previous session. It was an incredibly volatile session, with the blue-chip index trading as much as 160 points lower at its session lows, only to furiously push higher in last-minute trading. The S&P 500 and Nasdaq both roared higher as well, with investors hopeful a fiscal stimulus package proposed by the Trump administration will balance the market back out very soon.

Continue reading for more on today's market, including:

• A Japanese pharma stock dropped despite a positive COVID-19 vaccine update.
• It’s time to buy this gold stock.
• Plus, a sporting retailer nabs post-earnings gains; an e-tail stock at a new bottom; and Southwest Airlines’ CEO made a surprising move.

The Dow Jones Industrial Average (DJI - 25,018.16) finished 1,167.1 points, or 4.9% higher for the day. Apple (AAPL) led the Dow with a 4.3% gain. Boeing led the seven laggards with a 2.8% loss.

The S&P 500 Index (SPX - 2,882.23) added 225.8 points, or 4.9%, while the Nasdaq Composite (IXIC - 8,344.25) gained 393.6 points, or 4.9%.

The Cboe Volatility Index (VIX - 47.30) shed 7.2 point, or 13.2%.

5 ITEMS ON OUR RADAR TODAY

1. After a series of decisive victories during the Super Tuesday primaries last week, Democratic presidential candidate Joe Biden more than tripled the amount of money his campaign is spending on Facebook ads. The ads are focusing on the likes of Michigan, Mississippi, and Missouri, whose primaries are today. (CNBC)
2. As the coronavirus dominates headlines, the Center for Disease Control (CDC) has urged it’s important for older people -- the demographic most at risk to developing complications to COVID-19 -- to stock up on food and keep away from large crowds as much as possible. (MarketWatch)
3. Dick’s Sporting Goods came up big with its earnings report.
4. See why this e-tail stock hit a record low today.
5. While the flight sector continues to hurt, Southwest Airlines’ CEO took a pay cut.

Data courtesy of Trade-Alert

Oil Bounces Back, Gold Take a Dip

April-dated crude surged today, closing up $3.23, or 10.4%, to trade at $34.36 per barrel, one day after experiencing their sharpest decline since 1991. This jump comes after reports that negotiations between the Organization of the Petroleum Exporting Countries (OPEC) and its allies remain possible. There is a rumored meeting with Russian oil companies on Wednesday. 

Gold futures slid slightly, as bond yields and U.S. equities bounce back from yesterday's ugly session. Gold for April delivery lost $15.40, or 0.9%, to finish at $1,660.30 an ounce.