Stock indexes are mixed today, with the S&P 500 down -0.58%, the Dow Jones up +0.07%, and the Nasdaq 100 down -1.24%. Palantir Technologies and Teradyne’s strong earnings drive tech stock rally. Gold and silver prices surge over 6% and 13%, respectively, rebounding from recent selloffs. PayPal Holdings drops -18%, impacting Nasdaq 100. Higher bond yields and hawkish Fed comments affect market sentiment. Richmond Fed President optimistic about US economic outlook. Partial government shutdown dampens investor sentiment as House vote on funding deal awaited. Market focuses on earnings, economic news, and spending bill to end shutdown. Earnings season positive, with 78% of S&P 500 companies beating expectations. Fed unlikely to cut rates in March. Overseas markets mixed. T-notes down as stocks rally. European bond yields rise. Market movers include chip makers, gold, and silver mining stocks. Notable gainers include DaVita, Woodward Inc, Palantir Technologies, Teradyne Inc, AES Corp, and FedEx. Notable losers include Gartner, PayPal Holdings, Fabrinet, NXP Semiconductors NV, Archer-Daniels-Midland, Pfizer, and Eaton Corp. Earnings reports for various companies scheduled for 2/3/2026.
Read more at Nasdaq: Nasdaq Slips, Gold and Silver Stage Substantial Recovery
