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Dow Jumps Over 200 Points; T-Mobile Earnings Top Views - American Rebel Holdings (NASDAQ:AREB), Digital Brands Group (NASDAQ:DBGI)
Benzinga· 2026-02-11 14:58
Market Overview - U.S. stocks traded higher, with the Dow Jones index gaining over 200 points, up 0.51% to 50,444.80, NASDAQ rose 0.50% to 23,217.32, and S&P 500 increased by 0.50% to 6,976.25 [1] - Energy shares saw a gain of 2.2%, while communication services stocks fell by 0.5% [1] Company Earnings - T-Mobile US reported strong fourth-quarter earnings, posting $2.14 per share, exceeding the analyst consensus estimate of $2.06 per share [2] - The company also reported quarterly sales of $24.334 billion, surpassing the analyst consensus estimate of $24.181 billion [2] Commodity Market - Oil prices increased by 2.8% to $65.74, gold rose by 0.7% to $5,063.90, silver gained 3.7% to $83.440, and copper rose by 0.8% to $5.9595 [3] European Market - European shares were mixed, with the eurozone's STOXX 600 rising 0.4%, Spain's IBEX 35 Index up 0.1%, London's FTSE 100 gaining 1.1%, Germany's DAX slipping 0.1%, and France's CAC 40 rising 0.2% [4] Asian Market - Asian markets closed higher, with Hong Kong's Hang Seng Index gaining 0.31%, China's Shanghai Composite up 0.09%, and India's BSE Sensex increasing by 0.05% [5]