Wednesday, February 4, 2026

The stock market experienced a bearish tone today, with the S&P 500 and Nasdaq Composite indices falling 0.51% and 1.51%, respectively. In contrast, the Dow Jones Industrial Average managed to edge up 0.53%. The overall mood on Wall Street was pessimistic, with investors reacting negatively to Amazon’s disappointing earnings report and the subsequent tech rout. This sentiment was further exacerbated by concerns over AI and economic fears, which led to a sell-off in bonds and Bitcoin.

Sector-wise, Materials, Energy, and Real Estate were the top performers, with gains of 2.35%, 2.25%, and 1.59%, respectively. However, Consumer Discretionary, Communication, and Technology were the laggards, down 0.74%, 0.80%, and 2.79%, respectively. Among individual stocks, AMD and PLTR fell 17.3% and 11.6%, respectively, while LLY rose 10.3%. The sharp decline in tech stocks, led by Amazon’s earnings miss, contributed to the overall market weakness.