Stocks up day 2; New clues on Fed rate hike; Tesla Model 3 pre-orders coming soon

Wall Street is in rally mode on the heel's of yesterday's solid gain for stocks (^GSPC).

Yahoo Finance Columnist Rick Newman says the closing of China's stock market--  which has rattled global investors for several weeks-- to mark the anniversary of the end of World War II is helping change Wall Street's perspective.

"We seem to be back to where we were six weeks ago, which is looking at actual economic indicators here in the United States rather than paying attention to all the turbulence overseas, especially in China," he argues. "But everyone wants to know is the volatility over--  probably not.  We probably got a breather here with China on the sidelines for two days, but there's no reason to think the volatility is done."

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Here are some of the stocks the Yahoo Finance team will be watching for you today.

Five Below (FIVE) The low-priced retailer aimed at teens is reporting a second quarter profit that matched estimates.  But revenue came up short, with sales at stores open at least a year disappointing analysts. Five Below blames the shortfall on a couple of one-time events--  the move to a new distribution center and the elimination of a summer circular.

Campbell Soup (CPB) The food maker best known for its tomato soup had second quarter earnings and revenue pretty much as expected. Campbell says sales fell 9% because of one fewer week on the calendar as compared to last year...plus the impact of the strong dollar.

Costco (COST) The biggest warehouse club retailer says sales at stores open at least a year fell 2% last month.  However, the company says if you account for the steep decline in gas prices and the strong dollar, they rose by 5%.  And for its fiscal year that ended August 30th, those adjusted sales were up 7%.

Land's End (LE) The seller of casual clothing, accessories and more had big beats for both profit and revenue in the quarter. However, the company says it's disappointed with the 10% decline in sales, which it blames on the strong dollar, fewer promotions and lack of demand for its spring and summer collections.

Planet Fitness (PLNT) The discount gym operator's first earnings report since it went public last month shows a beat on both the top and bottom lines. Sales jumped 26% in the period. However, Planet Fitness did not update membership numbers...and says it is dealing with an issue with its internal controls.

Tesla's new model debut

You can start saving your hard earned cash...for a Tesla (TSLA)! CEO Elon Musk revealed in a series of tweets last night that customers can begin pre-ordering the $35,000 entry-level Model 3 in March, when the car will be unveiled.

While another big jobs report looms tomorrow, one area of crucial importance are wage gains. And a new report from the advocacy group the National Employment Law Project finds that the effective take-home pay for many workers has actually fallen since the recovery began in 2009, especially for the lowest-paid workers.

Former Sony (SNE) workers whose personal information was stolen last year in the infamous data hack have reached a settlement. The lawsuit was seeking class-action status for 50,000 current and former workers affected by the massive breach. Terms of the settlement have not been disclosed.

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