{"id":277871,"date":"2026-02-06T21:30:09","date_gmt":"2026-02-06T21:30:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/277871\/"},"modified":"2026-02-06T21:30:09","modified_gmt":"2026-02-06T21:30:09","slug":"stock-market-news-for-feb-6-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/277871\/","title":{"rendered":"Stock market news for Feb. 6, 2026"},"content":{"rendered":"<p>A trader works as the Dow Jones Industrial Average surpasses the 50,000 mark on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 6, 2026.<\/p>\n<p>Brendan McDermid | Reuters<\/p>\n<p>Stocks surged on Friday as technology stocks recovered following several days of heavy selling in the sector and <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\" rel=\"nofollow noopener\" target=\"_blank\">bitcoin<\/a> rebounded following a rout that took the popular cryptocurrency down more than 50% at one point. <\/p>\n<p>The <a href=\"https:\/\/www.cnbc.com\/quotes\/.DJI\/\" rel=\"nofollow noopener\" target=\"_blank\">Dow Jones Industrial Average<\/a> advanced 1,206.95 points, or 2.47%, closing at 50,115.67. Friday marked the first time the Dow <a href=\"#108262749-VZT7ygidK\">exceeded the 50,000 level<\/a>. The <a href=\"https:\/\/www.cnbc.com\/quotes\/.SPX\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P 500<\/a> jumped 1.97% and ended at 6,932.30, while the <a href=\"https:\/\/www.cnbc.com\/quotes\/.IXIC\/\" rel=\"nofollow noopener\" target=\"_blank\">Nasdaq Composite<\/a> advanced 2.18% to 23,031.21. With those moves, the S&amp;P 500 climbed back into the green for 2026.<\/p>\n<p>Even with Friday&#8217;s pop, the S&amp;P 500 posted a 0.1% decline for the week, while the Nasdaq fell 1.8% on the week. The 30-stock Dow rose 2.5% week to date, benefiting from some rotation into some economically cyclical stocks even as the overall market was weighed down by tech selling.<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>Dow Jones Industrial average, 5 days<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/AVGO\/\" rel=\"nofollow noopener\" target=\"_blank\">Broadcom<\/a> were two of the key winners Friday, with the former increasing by nearly 8% and the latter growing 7% following big declines earlier in the week. Other stocks such as <a href=\"https:\/\/www.cnbc.com\/quotes\/ORCL\/\" rel=\"nofollow noopener\" target=\"_blank\">Oracle<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/PLTR\/\" rel=\"nofollow noopener\" target=\"_blank\">Palantir Technologies<\/a> also bounced back as investors reconsidered some of the names at cheaper levels. Oracle and Palantir each rose 4%. Some key software stocks like <a href=\"https:\/\/www.cnbc.com\/quotes\/NOW\/\" rel=\"nofollow noopener\" target=\"_blank\">ServiceNow<\/a> \u2014 which has been the <a href=\"https:\/\/www.cnbc.com\/2026\/02\/05\/is-the-ai-bubble-popping-itself-software-rout-raises-concerns.html\" rel=\"nofollow noopener\" target=\"_blank\">epicenter of the tech sell-off<\/a> because of an artificial intelligence disruption fear of software \u2014 remained weak on Friday, however.<\/p>\n<p>&#8220;We&#8217;re in a gold rush right now with AI,&#8221; said Falcon Wealth Planning founder Gabriel Shahin.<\/p>\n<p>&#8220;You have the investment that Google is making, Nvidia is making, that Meta is making, that Amazon is making. There is money that will be deployed,&#8221; he also said. &#8220;It&#8217;s just the carousel [of money movement] sometimes scares people.&#8221;<\/p>\n<p>Shahin believes the market is in the midst of a &#8220;great recalibration,&#8221; where investors are going to move further out of growth stocks and into value. Over the coming months, his bet is on large-cap value names. That played out Friday, with investors buying up shares in areas such as industrials and financials. In those sectors, <a href=\"https:\/\/www.cnbc.com\/quotes\/CAT\/\" rel=\"nofollow noopener\" target=\"_blank\">Caterpillar<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/GS\/\" rel=\"nofollow noopener\" target=\"_blank\">Goldman Sachs<\/a> were standouts, supporting the Dow&#8217;s outperformance with their rise of 7% and 4%, respectively. Small-cap stocks also saw a boost: The <a href=\"https:\/\/www.cnbc.com\/quotes\/.RUT\/\" rel=\"nofollow noopener\" target=\"_blank\">Russell 2000 index<\/a> rallied 3.6%.<\/p>\n<p>Bitcoin recouped some losses Friday, adding 10% and touching a session high of $71,458.01 after <a href=\"https:\/\/www.cnbc.com\/2026\/02\/05\/bitcoin-price-today-70000-in-focus.html\" rel=\"nofollow noopener\" target=\"_blank\">briefly sinking <\/a>below $61,000 overnight to its lowest level since October 2024 \u2014 more than 52% off from its record high of $126,000 hit in early October 2025. Friday&#8217;s move higher helped ease some of the risk-off concerns among investors that recently plagued the broader market. The cryptocurrency has lost 16% this week, however.<\/p>\n<p>The week was bleak heading into Friday, with the S&amp;P 500 on pace for its worst week since last October and the Nasdaq Composite on track for its worst week since the tariff-related market plunge of last April. Friday&#8217;s pop pared those declines significantly.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\" rel=\"nofollow noopener\" target=\"_blank\">Amazon<\/a> was an outlier Friday, as shares sank more than 5% after the e-commerce giant posted earnings per share <a href=\"https:\/\/www.cnbc.com\/2026\/02\/05\/amazon-amzn-q4-earnings-report-2025.html\" rel=\"nofollow noopener\" target=\"_blank\">slightly under analyst expectations<\/a> and told investors to expect <a href=\"https:\/\/www.cnbc.com\/2026\/02\/05\/aws-q4-earnings-report-2025.html\" rel=\"nofollow noopener\" target=\"_blank\">$200 billion<\/a> in capital expenditures this year.<\/p>\n","protected":false},"excerpt":{"rendered":"A trader works as the Dow Jones Industrial Average surpasses the 50,000 mark on the floor at the&hellip;\n","protected":false},"author":2,"featured_media":277872,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[356,1678,941,938,114,357,15465,1761,1012,4635,85,136665,46,190,143238,355,1763,1008,1677,936,9505,33176,38669,20740,1762,3310,939,4768,55841,116963,13212,1760,18195,73386,1032],"class_list":["post-277871","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-amazon-com-inc","tag-bitcoin-usd-coin-metrics","tag-breaking-news-markets","tag-broadcom-inc","tag-business","tag-business-news","tag-caterpillar-inc","tag-dow-jones-fut-sep25","tag-dow-jones-industrial-average","tag-goldman-sachs-group-inc","tag-il","tag-ishares-north-american-tech-software-etf","tag-israel","tag-markets","tag-michael-farr","tag-microsoft-corp","tag-nasdaq-100-fut-sep25","tag-nasdaq-composite","tag-nvidia-corp","tag-oracle-corp","tag-palantir-technologies-inc","tag-qualcomm-inc","tag-reddit-inc","tag-russell-2000-index","tag-sp-500-fut-sep25","tag-sp-500-index","tag-salesforce-inc","tag-servicenow-inc","tag-silver-us-dollar-spot","tag-silver-comex-sep25","tag-stellantis-nv","tag-stock-markets","tag-stoxx-600","tag-under-armour-inc","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/277871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=277871"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/277871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/277872"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=277871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=277871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=277871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}