The Market In 5 Minutes: Infrastructure, Amazon, Walgreens-AmerisourceBergen

IN THE NEWS

President Donald Trump unveiled a much-anticipated, $1.5-trillion infrastructure plan intended to “address unmet rural infrastructure needs, empower state and local authorities and train the American workforce of the future," according to the White House: Link

Walgreens Boots Alliance Inc WBA is in early talks to buy the remaining 74 percent of AmerisourceBergen Corp. ABC that it doesn’t already own, according to the Wall Street Journal: Link

A female employee at Steven A. Cohen’s private investment firm filed a discrimination lawsuit Monday, alleging unfair pay practices and a pervasively sexist work environment: Link $

Amazon.com Inc. AMZN is pushing to turn its nascent medical-supplies business into a major supplier to U.S. hospitals and outpatient clinics that could compete with incumbent distributors of items from gauze to hip implants: Link $

A group of cryptocurrency traders will file a lawsuit against Coincheck Inc on Thursday over last month’s theft of $530 million in digital money from the Tokyo-based exchange, a lawyer representing the claimants said: Link

Bitcoin industry grapples with age-old problem of inheritance: Link

Keith Weed is mad as hell about online fake news and toxic content and he’s not going to take it any more: Link

ECONOMIC DATA

  • US NFIB January Small Business Index 106.9 Vs 104.9 In December
  • Redbook Reports US Retail Sales During First Week Of Feb. Down 1.1% MoM, Up 2.8% YoY
  • The Treasury is set to auction 4-week bills at 11:30 a.m. ET.

ANALYST RATINGS

  • Morgan Stanley upgraded Statoil STO from Underweight to Equal-Weight
  • KeyBanc upgraded Paycom PAYC from Sector Weight to Overweight
  • Bank of America downgraded Avalon Bay AVB from Buy to Neutral
  • Morgan Stanley downgraded BP BP from Overweight to Equal-Weight

This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.

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