Big-Name Earnings, Selloffs Highlight Busy Week on Wall Street
Schaeffers Investment Research·2026-02-06 17:53
The week was marked by a plethora of unfortunate drawdowns: gold, silver, Bitcoin (BTC), tech stocks (specifically chips), and more. The precious metals meltdown began last Friday and continued through Monday, though both gold and silver saw immense volatility through the rest of the week as well. Bitcoin's selloff was in focus for the first four days, with the cryptocurrency plummeting below 61,000 before a light gain on Friday.Investors rotated out of tech for most of the week, putting pressure on the bro ...