Good morning. U.S. stocks futures go slightly down at 7:00 am EST as investors weighed conflicting signals on the containment of the coronavirus epidemic and its potential economic impacts, after the S&P 500 Index and the Nasdaq Composite Index closed at a record high yesterday. Global markets performed mixed. In Europe, the Stoxx Europe 600 Index drifted 0.2% lower while stocks in the U.K. were flat. In Asia, stocks in Tokyo and Shanghai edged higher but lost was showed in Hongkong.

Later in the day, the European Central Bank will release the minutes from its January meeting, providing fresh clues on the outlook for the regional economy.

More headlines for you to check:

• The White House issued a vigorous defense of the Trump administration's economic agenda Thursday, taking credit for changing the trajectory of the nation's record expansion, while taking aim at the Obama administration's record.

• Goldman Sachs sounded the alarm on Wednesday to clients about a possible correction in the stock market, noting investors are underestimating how big of a risk the coronavirus really is.

• Wall Street investment bank Morgan Stanley will acquire E-Trade for $13 billion, the companies said on Thursday, the latest in a consolidation wave for the retail brokerage industry. The Morgan Stanley and E-trade deal follows the a trend of consolidation in the brokerage industry. Last year, Charles Schwab announced it would buy TD Ameritrade in a $26 billion all-stock deal.

Earnings of the day:

American Electric Power Company(AEP-B), Consolidated Edison(ED), Domino’s(DPZ), Dropbox(DBX), Hormel Foods(HRL), Newmont Corporation(NEM), Norwegian Cruise Line Holdings(NCLH), SBA Communications(SBAC), Southern Co(SOLN), ViacomCBS(VIAC)

Stocks to watch on Feb. 20:

$Morgan Stanley(MS.US)$ ($56.3, +1.42%) $E*TRADE Financial Corp(ETFC.US)$ ($44.93, -) Morgan Stanley will reportedly pay $58.74 a share in stock for E-Trade. Morgan Stanley shares fell more than 4% in premarket trading. E-Trade shares jumped 20% before they were halted.

$L Brands Inc(LB.US)$ ($24.6, +2.12%) LB is near a deal to sell control of Victoria's Secret to a private-equity firm in a transaction that values the lingerie brand at about $1.1 billion, according to people familiar with the matter. LB is trading more than 9% lower before the market open.

$Zillow Group Inc(ZG.US)$ ($54.47, +4.19%) Zillow's shares rose 17% before the bell as the real estate company released a strong quarterly result. The revenue was $944 million in the fourth-quarter, beating the estimated $815 million.

$Boston Beer Co Inc(SAM.US)$ ($429, +0.71%) The alcoholic beverage company’s quarterly results missed analyst expectations, and it gave a weak fiscal year guidance. SAM’s shares dropped more than 7% in the pre-market.

$Pioneer Natural Resources Co(PXD.US)$ ($141.7, +4.14%) The company released a strong quarterly result and announced to increase its quarterly dividend to 55 cents per share, which applies to stockholders of record at the close of business on March 31.

$Cimarex Energy Co(XEC.US)$ ($40.6, +4.44%) The company’s fourth-quarter revenue beat analyst estimates by more than $27 million, according to FactSet, while earnings missed estimates by 6 cents per share. Cimarex increased its quarterly dividend 10% to 22 cents per share.

$UBS Group AG(UBS.US)$ ($13.15, +0.08%) UBS named ING CEO Ralph Hamers as its Chief Executive Officer, effective Nov. 1. UBS is the second big Swiss bank to replace its CEO this month, with $Credit Suisse Group AG(CS.US)$ doing so on Feb. 7. UBS's shares are increasing by2.28% in the pre-market.

$Six Flags Entertainment Corp(SIX.US)$ ($38.02, -1.04%) The theme park operator posted a quarterly loss compared to a year-ago profit. It also gave a weaker-than-expected earnings outlook for 2020, cut its dividend by nearly 70%, and announced that its CFO plans to retire at the end of August. SIX is down by 17.73% before trading hours.

$ViacomCBS Inc(VIAC.US)$ ($35.67, +1.62%) In its first earnings report since the merger of Viacom and CBS was completed in December. Its first-quarter results are below estimates, but ViacomCBS said the quarter was transitional and that the combination will cut expenses by more than expected. VIAC is lower over 7% before the market open.