- The NASDAQ Composite traded up 1.9% to 2.00% on February 6, 2026, bouncing back from a week-long tech rout that had seen the index on pace for its worst weekly performance since April of the previous year.
- The broader S&P 500 jumped 1.6%, while the Dow Jones Industrial Average led the way, surging by over 1,000 points or 2.1%, and reaching an all-time high.
- The rebound was fueled by a recovery in AI-linked stocks, with Nvidia, Broadcom, Advanced Micro Devices, and Micron Technology all showing significant gains in premarket trading.
- Despite the market surge, Amazon shares were an outlier, sinking 8% after the company posted earnings slightly below analyst expectations and announced plans for $200 billion in capital expenditures for AI rollout.
- The market's recovery was also attributed to a rotation into economically cyclical stocks, with Financials and Industrials leading sector gains, and advancing stocks outnumbering decliners almost 3 to 1 on the NYSE Composite.
US stocks rebound as NASDAQ gains nearly 2% following tech sell-off
Feb 6, 2026, 6:03:36 PM UTC(4 hours ago)
Impact: Medium
Affected Assets
Sources
From:@DeItaone
U.S. STOCKS EXTEND GAINS, NASDAQ UP 2.00 PCT
