Global
Feb 6, 2026 • 7:37 PM
US tech stocks rally strongly after three days of heavy selling
Nasdaq climbs after sell-off fuelled by worries over vast AI spending
Financial Times
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Daily Briefing
Data from Friday, February 6, 2026
Current as of 8:01 PM
U.S. equity markets closed higher yesterday, February 6, with the S&P 500 advancing 0.26% to 4892.35. The Dow Jones Industrial Average added 0.23%, while the technology-heavy NASDAQ 100 lost 0.14%. Market breadth was positive with small-caps outperforming large-caps. The Russell 2000 rose 0.29%, suggesting improved risk appetite. In other asset classes, gold declined 0.40%. Treasury bonds fell as yields moved higher. In the headlines, investors focused on us tech stocks rally strongly after three days of heavy selling. --- *Data reflects today's market close.*
Economic Snapshot
View all indicatorsGDP Growth Rate
2.4%+14.30%
Previous: 2.1%As of Q3 2024
Unemployment Rate
3.8%-2.60%
Previous: 3.9%As of Feb 2026
CPI Inflation (YoY)
3.2%-5.90%
Previous: 3.4%As of Feb 2026
Fed Funds Rate
5.3%0.00%
Previous: 5.3%As of Feb 2026
10-Year Treasury Yield
4.1%+0.98%
Previous: 4.1%As of Feb 2026
Consumer Sentiment
110.7+1.80%
Previous: 108.7As of Feb 2026
“As sure as the spring will follow the winter, prosperity and economic growth will follow recession.”— Robert Foster Bennett
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Daily Briefing
Data from Friday, February 6, 2026
Current as of 8:01 PM
U.S. equity markets closed higher yesterday, February 6, with the S&P 500 advancing 0.26% to 4892.35. The Dow Jones Industrial Average added 0.23%, while the technology-heavy NASDAQ 100 lost 0.14%. Market breadth was positive with small-caps outperforming large-caps. The Russell 2000 rose 0.29%, suggesting improved risk appetite. In other asset classes, gold declined 0.40%. Treasury bonds fell as yields moved higher. In the headlines, investors focused on us tech stocks rally strongly after three days of heavy selling. --- *Data reflects today's market close.*
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