Tech Earnings Boost Stock Market Recovery

Avatar photo

On February 6, 2026, U.S. stock indexes surged, with the S&P 500 up 1.20%, the Dow Jones rising 1.48%, and the Nasdaq gaining 1.26%. The Dow set a new all-time high, bolstered by better-than-expected earnings from tech companies like Gen Digital, which surged over 9% after forecasting full-year adjusted EPS above consensus. March E-mini S&P futures rose 1.21%, while March E-mini Nasdaq futures increased by 1.26%.

In cryptocurrency news, Bitcoin recovered from a 1.25-year low, rising over 7%, which positively impacted related stocks. Notably, Strategy surged over 15% following this recovery. Conversely, Amazon.com faced a significant drop of over 9% after revealing plans to invest $200 billion this year in data centers and technology, raising concerns about the sustainability of its AI investments. Meanwhile, Q4 earnings reports are expected to show an 8.4% growth in S&P earnings year-over-year, with 150 S&P 500 companies estimated to report this week.

Overseas markets showed mixed results; the Euro Stoxx 50 increased by 0.65%, while China’s Shanghai Composite fell 0.25%. The U.S. 10-year Treasury yield dropped to 4.200%, and European bond yields also declined, highlighting shifting investor sentiment.

The free Daily Market Overview 250k traders and investors are reading

Read Now