Wake Up Wall Street: Stores Lose Ground and Shares Slide

These are the five things you must know before the opening bell.

Author:: Edward Hardy
Publish date:: Feb 7, 2017 7:02 AM EST

This is what you need to know before the opening bell.

BP (BP) - Get Report shares slid after posting lower-than-expected fourth-quarter profits. This comes despite a rise in global oil prices.

Walmart (WMT) - Get Report continued to lose ground in the U.K, as low-cost competitors gained steam and inflation took hold.

Gap (GPS) - Get Report shares rose in after-hours trading Monday after fourth-quarter sales increased, with same-store sales up 2% compared with the previous year.

Honda (HMC) - Get Report signed a deal with Hitachi Automotive Systems (HTHIY) . The companies will jointly develop, make and sell motors for electric cars.

The euro fell on weaker-than-expected economic data from Germany, with investors also expressing concern over the direction of elections in France.