Monday, February 2, 2026

The major indices experienced a mixed day, with the S&P 500 and Nasdaq Composite both rising 0.54% and 0.56%, respectively, while the Dow Jones Industrial Average advanced 1.05%. The overall market sentiment was mixed, with investors rotating out of tech stocks and into other sectors.

The industrial, consumer staples, and financial sectors led the way, with gains of 1.26%, 1.19%, and 1.10%, respectively. In contrast, the real estate, utilities, and energy sectors lagged, declining 1.13%, 1.46%, and 1.96%, respectively. Notable stock movements included a decline of 7.4% for Disney and 6.7% for MicroStrategy, while Caterpillar rose 5.1%. The sector performance was driven by a variety of factors, including earnings reports and shifts in investor sentiment, with Palantir’s earnings report being a bright spot in the tech sector.