US stocks open in the red: Dow down over 100 points, Nasdaq slips 0.4%
Invezz·2026-02-09 14:48

Market Overview - US equities experienced a decline on Monday, with the Dow Jones Industrial Average falling 128 points, or about 0.2%, while the S&P 500 and Nasdaq Composite also saw decreases of 0.2% and 0.4% respectively, indicating investor caution ahead of key economic releases and corporate earnings [1] - The previous session saw a strong rebound, with the Dow surging approximately 1,200 points, or roughly 2.5%, marking its first-ever close above the 50,000 level [2] Economic Data Focus - Investors are closely monitoring upcoming economic data, particularly the delayed January nonfarm payrolls report, which is expected to show a gain of about 55,000 positions, following a disappointing ADP report indicating only 22,000 private-sector payrolls added [5][6] - The January consumer price index, anticipated to show a 2.5% annual inflation rate, is also on the radar, as it was delayed due to a government shutdown [7] Corporate Earnings - Upcoming earnings reports from companies like Coca-Cola and Ford Motor are expected to provide insights into consumer demand and industrial conditions, potentially influencing sector rotation away from high-growth technology stocks [8]

US stocks open in the red: Dow down over 100 points, Nasdaq slips 0.4% - Reportify