Stock Market News·2026-02-06 14:07Market Overview - U.S. stock futures are indicating a potential rebound after a significant tech-led sell-off, with Nasdaq 100 futures up 0.35%, S&P 500 futures rising 0.29%, and Dow Jones Industrial Average futures edging up 0.09% [2] - The S&P 500 fell 84.32 points (1.2%) to 6,798.40, the Dow Jones Industrial Average declined 592.58 points (1.2%) to 48,908.72, and the Nasdaq Composite lost 363.993 points (1.59%) to end at 22,904.579 on February 5th [3] - The main U.S. stock market index, the US500, has risen to 6846 points, gaining 0.70% from the previous session [4] Corporate Earnings and Performance - Major companies reporting earnings include Biogen, Philip Morris, Toyota Motors, and Under Armour, which will provide insights into corporate performance and economic health [6] - Amazon shares plunged over 11% after missing earnings expectations and issuing a capital expenditure guidance of $200 billion for 2026, leading to a drop of 8% in premarket trading [8] - Alphabet's stock fell as much as 5% due to concerns over its projected 2026 AI spending forecast of $175-$185 billion, which is roughly double the investment made in 2025, despite beating estimates on revenue and earnings per share [9] Notable Stock Movements - Apple has emerged as a "surprise winner" amidst the tech sell-off, with shares up 6% and a market capitalization of $4.06 trillion [13] - Microsoft experienced a significant market value wipeout with its stock falling as much as 12% intraday but is currently showing a slight gain of 0.72% [13] - Nvidia's stock is participating in the premarket recovery, up 3.4%, as it remains a central player in the AI revolution [13] - Tesla's shares fell below $400 for the first time this year, down over 11% in 2026, despite plans to expand its robotaxi service and mass-produce humanoid robots [13] - Newell Brands saw its stock sink 12% after issuing soft fiscal 2026 first-quarter guidance, projecting a wider loss per share and a larger sales drop than expected [13] Market Sentiment and Economic Indicators - Investors are closely watching premarket activity and digesting corporate earnings alongside a postponed key economic report on nonfarm payrolls, which adds uncertainty to the market [1][5] - Current projections suggest an 81.3% likelihood of the Federal Reserve leaving interest rates unchanged in March [5] - The ongoing narrative around AI investments and their perceived returns continues to shape investor sentiment across the tech landscape [10]