Stock indexes closed mixed on Wednesday, with the S&P 500 down -0.51%, the Dow Jones up +0.53%, and the Nasdaq 100 down -1.77%. AMD plunged over -17% due to weak Q1 sales forecast, while Super Micro Computer soared more than +13%. Economic data was mixed, with weak ADP employment change but strong ISM services index. Market sentiment improved after the end of the government shutdown. Treasury announced $125 billion in upcoming T-notes and T-bonds sales. MBA mortgage applications fell -8.9%. Earnings season continues with strong performance, driving positive sentiment in the market. Overseas markets settled mixed, with Euro Stoxx 50 down -0.41%, Shanghai Composite up +0.85%, and Japan’s Nikkei down -0.78%. March 10-year T-notes closed up +0.5, with a yield of 4.274%. European bond yields were mixed. Eurozone core CPI revised downward to +2.2% y/y, and Eurozone PMI revised to 51.3. Dec PPI fell -2.1% y/y. Swaps give a 1% chance of ECB rate hike. Stock movers included chip makers and AI stocks like AMD, SNDK, and MU falling. Cryptocurrency-exposed stocks also declined. Boston Scientific, Cencora Inc, and T Rowe Price Group reported negative earnings, while Super Micro Computer, Eli Lilly, Fortive Corp, and Amgen reported positive results. MGM Resorts International, Johnson Controls, and Silicon Laboratories also saw gains. Earnings reports for 2/5/2026 include Amazon, Bristol-Myers Squibb, ConocoPhillips, and more.

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