The U.S. Federal Reserve releases minutes from its last rate-setting meeting that was held in the end of January. Policymakers decided to stand pat but the central bank is widely expected to raise interest rates again in mid-March. The minutes will likely show the Fed remains on track for rate rises this year unless inflation ebbs again. Separately, Philadelphia Fed President Patrick Harker, who is on the dovish end of the policy spectrum at the Fed, speaks on the economic outlook before the “Edward Jones Dean’s Breakfast: The Economic Outlook” event in St. Louis, Missouri
Treasury yields rose on supply worries.
Walmart posted a sharp drop in profit and online sales growth during the critical holiday period and forecast annual profit at the lower end of expectations.
Qualcomm unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors, its most defiant move in its defense against a hostile $121 billion bid from Broadcom.