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Your daily horoscope: February 23, 2026

  IF TODAY IS YOUR BIRTHDAY Don’t try to bottle up your feelings over the coming year. The planets indicate that the more open you are with friends and loved ones the more they will be able to help you. Always remember you are part of a team, not an army of one. ARIES (March 21 - April 20): Cosmic activity in the most sensitive area of your chart is playing havoc with your ability to think straight, and it won’t get any better when mind planet Mercury begins its retrograde phase later this week. Force yourself to think logically in all situations. TAURUS (April 21 - May 21): As one of the zodiac’s more down to earth signs you don’t often fall for delusional thinking but there is a danger that you could be swayed by someone who seems to know what they are speaking of but actually does not. Steer clear of fast-talkers. GEMINI (May 22 - June 21): Something you have been working on for weeks, months, maybe even years will move into a more productive phase over the next few days. You wi...
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US stocks rebound from inflation shock as investors eye Fed comments, earnings



US stock futures rose on Wednesday, looking to recover from a sharp selloff triggered by hotter-than-expected inflation data that dashed hopes for interest-rate cuts before the summer.

Dow Jones Industrial Average ( ^DJI) futures added 0.2%, signaling a bounce back for the blue-chip index from a 500-point drop and its worst day since March 2022. Futures on the S&P 500 ( ^GSPC) put on roughly 0.4%, while those on the tech-heavy Nasdaq 100 ( ^NDX) jumped 0.5% — also on the heels of steep declines.

Investors were gripped by the wild fallout from a typo in Lyft’s ( LYFT) financial update late Tuesday. Shares in the ride-hailing company initially rocketed 67%, but the rally lost steam after Lyft corrected an error in its statement that boosted its profit outlook. The stock remained up a more modest 20% in premarket trading.

A new wave of earnings reports also could deliver some impetus, with Cisco ( CSCO ), Kraft Heinz ( KHC ), and Warren Buffett-linked Occidental ( OXY) among the big hitters on the list.

Comments by Fed officials Austan Goolsbee and Michael Barr in their appearances later in the day could provide more grist for the ever-present debate on rate timing.

Investors are coming to grips with the prospect of the Federal Reserve holding fire on rate cuts until later in the year — and a potential “no landing” scenario for the US economy.

The latest inflation reading showed consumer prices rose more than expected in January, increasing the odds of a “no landing” outcome, which would be a failed attempt of the Fed to quell inflation but, ultimately, would not result in a recession.

Bets on a March interest rate cut are now all but gone. Pricing on the CME FedWatch Tool now places a 39% chance the Fed cuts in May, down from a 67% chance just a week ago.

“In our view, a March cut is now firmly off the table and the chances of a May cut have significantly reduced. But we remain comfortable with our call for rate cuts to begin in June,” Bank of America US economist Stephen Juneau wrote in a research note on Tuesday.

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