What to Watch in the Day Ahead - Friday, February 6

Philip Morris International is expected to post a rise in its fourth-quarter revenue before market opening. Investors will look out for the performance of its smoke-free products, including IQOS and Zyn, as well as cigarette volumes and management commentary on its full-year outlook.

Health insurer Centene is expected to report fourth-quarter results before markets open. Investors are expected to look out for the company's 2026 forecast as well as comments on medical cost trends.

Biogen will report fourth-quarter results before markets open. Investors will look for the company's 2026 outlook as well as sales of its closely watched Alzheimer's treatment Leqembi.

Sportswear maker Under Armour is expected to post a slump in third-quarter revenue as challenging consumer spending and costs tied to tariffs weigh on its performance. Investors will look for executives' commentary on the company's turnaround and tariff mitigation efforts as well as signs of demand recovery.

On the economic front, the University of Michigan's Surveys of Consumers is expected to show its Consumer Sentiment Index preliminary reading likely fell to 55 in February from the final reading of 56.4 recorded in January.

Federal Reserve Vice Chair Philip Jefferson speaks on the economic outlook and supply-side inflation dynamics before the Brookings Institution in Washington. (1200/1700)

Sharpie maker Newell Brands is expected to post a fall in its fourth-quarter revenue, hurt by slow demand for its discretionary products, such as storage boxes and candles. Investors will look for comments on tariffs, demand and annual forecasts.

Blackstone-backed mobile app marketing provider Liftoff Mobile, Once Upon a Farm, the children's organic food company co-founded by actor Jennifer Garner, and Belgium-based Agomab Therapeutics will go public in New York.

In Canada, Statistics Canada’s employment report is expected to show that job growth moderated in January, with an estimated 7,000 new positions likely being added, compared with 8,200 in the previous month. The unemployment rate is likely to have held steady at 6.8%. The Ivey Purchasing Managers’ Index (PMI) is scheduled to be published, offering additional insight into business conditions.

On the Latin American front, Brazil's private think tank Fundaçao Getulio Vargas is expected to report that the IGP-DI price index likely rose 0.24% in January, up from a 0.10% increase in December. In Mexico, the national statistics agency is set to release January consumer confidence data, while Argentina's national statistics agency, INDEC, is scheduled to publish industrial production numbers for December.