Stock Market Update

[BRIEFING.COM] The major averages now trade in a relatively stable range near their flatlines after some volatility this morning. 

In addition to today's macro catalysts, which include the January employment situation report, hawkish Fed commentary, sliding Bitcoin prices, and sustained weakness across mega-cap and software names, there are several notable earnings-related moves in the mix. 

Generac (GNRC 213.31, +31.01, +17.01%) is sharply higher despite missing earnings estimates, while Shopify (SHOP 112.05, -15.19, -11.94%), Mattel (MAT 16.14, -4.92, -23.36%), and Robinhood Markets (HOOD 75.16, -10.44, -12.20%) are among the notable decliners.