Stock market today: Dow ekes out fresh record, S&P 500, Nasdaq rally for 2nd day as tech bounce back continues
Yahoo Finance·2026-02-09 19:47

Market Overview - US stocks experienced a rise on Monday, with the Dow closing above 50,000 for the first time, indicating a recovery from a turbulent week [1] - The S&P 500 increased by approximately 0.5%, while the Nasdaq Composite gained about 1% [1] Technology Sector - Wall Street is currently debating the impact of AI disruption on software companies, highlighted by a significant drop in Monday.com shares, which fell over 20% due to disappointing revenue and profit guidance [2] - In contrast, other tech stocks rebounded, with Nvidia and AMD both increasing over 3%, and Oracle surging nearly 10% [2] - Microsoft also saw a gain of over 2% [2] Commodities - Gold futures rose back above $5,000 an ounce, while bitcoin hovered near $70,000, following a sharp decline in both assets the previous week [3] Economic Data - Investors are awaiting the delayed January jobs report from the Bureau of Labor Statistics, with attention on potential signs of weakness in the labor market after a disappointing ADP payrolls update [4] - Consumer inflation data is also set to be released on Friday [4] Earnings Reports - ON Semiconductor is scheduled to release its results after the market close on Monday, with key earnings reports expected later in the week from Coca-Cola, McDonald's, and Cisco [5]

Stock market today: Dow ekes out fresh record, S&P 500, Nasdaq rally for 2nd day as tech bounce back continues - Reportify