CheckMan Stock Market Overview

Old Dominion's (ODFL) Q1 revenues increase 1.2% year over year.

Roper's (ROP) first-quarter earnings are expected to have benefited from the robust performances of the Application Software, Network Software and Tech-enabled Products segments.

The increased demand for insurance products, given an aging population, baby boomers and millennials, and accelerated digitization, should drive insurance brokers like MMC, AON, AJG, WTW and BRO.

Pre-market futures are mixed at this hour. Halfway through a week that looks determined to claw back some of the losses incurred over the previous couple weeks, the Dow is giving back -50 points, the S&P 500 is up +11 and the Nasdaq +113 points.

The shares of Netflix Inc (NASDAQ:NFLX) are down 3.7% at $556.33 this afternoon, extending last week's post-earnings bear gap on the charts.

AT&T Inc (NYSE:T, ETR:SOBA) shares are holding steady on Wednesday after first-quarter profits came in higher than Wall Street expected and more wireless phone customers were added. Adjusted earnings per share reached US$0.55 for the period, beating analysts' guidance of US$0.53.

Humana (NYSE:HUM) shares fell after it pulled its 2025 profit guidance, reigniting investor concerns about the impact of rising medical costs on the insurer's bottom line. Humana (NYSE:HUM) in January downgraded its 2025 profit forecast from $37 per share to between $22 to $26 per share upon the expectation it would see a rise in medical claims as patients undergo non-urgent surgeries delayed due to the pandemic.

Bank of America shareholders rejected a proposal to divide the CEO and chairman roles held by Brian Moynihan on Wednesday at the company's virtual annual meeting.

UniFirst Corporation is receiving attention from investors due to its implementation of ERP and CRM systems, which is expected to lead to net income growth. The company offers a wide range of cleaning services, including the manufacture and distribution of safety clothing. UniFirst has reported significant growth in several areas, including operating income and CFO, and analysts have increased their EPS expectations for the company.

The iShares 20+ Year Treasury Bond ETF should benefit as deteriorating US government finances forces the Fed to cap yields, similarly as the Bank of Japan. After Japan's debt to GDP ratio hit current US levels in 2002, long-term bonds saw returns of 4% in real terms. Changes in real yields tend to be a much stronger driver of long-term bonds than changes in inflation expectations.