Markets News, Feb. 6, 2026: Dow Ends Above 50K for First Time as Indexes Soar After 3-Day Sell-Off; Bitcoin Bounces Back Above $70K

Major stock indexes bounced back sharply Friday, with the Dow Jones Industrial Average closing above the 50,000 threshold for the first time, a day after equities sank amid risk-off sentiment.

The blue-chip Dow Jones Industrial Average, benchmark S&P 500, and tech-heavy Nasdaq soared 2.5%, 2%, and 2.2%, respectively, with the Dow soaring more than 1,200 points to 50,137, topping its all-time high set Tuesday.

Although the Dow snapped a three-week losing streak, the Nasdaq extended its skid to four weeks and the S&P 500 fell for the third time in four weeks.

The Dow was paced Friday by shares of AI darling Nvidia (NVDA), which soared nearly 8%, and construction-equipment maker Caterpillar (CAT), which surged 7%.

Amazon (AMZN) stock sank more than 5.5% to lead Dow decliners following a disappointing earnings report after the bell yesterday. Another notable tech company, Qualcomm (QCOM), rebounded nearly 1% after its stock sank 8.5% yesterday after executives attributed the firm’s soft current-quarter forecasts to the global memory shortage.

Shares of “Big Three” automaker Stellantis (STLA) plummeted 25% after it announced a business “reset” that includes a roughly $26 billion charge.

In post-earnings moves, shares of Roblox (RBLX) surged almost 10%, Doximity (DOCS) dropped 17%, Molina Healthcare (MOH) plunged 26% to lead Nasdaq decliners, and Coty (COTY) stock retreated 16%.

Bitcoin tumbled yesterday and sank to just above $60,000 overnight—its lowest level since October 2024—before rebounding above $70,700 at 4 p.m. ET. Shares of bitcoin treasury firm Strategy (MSTR) jumped 25% to lead the Nasdaq after diving 17% to pace index decliners yesterday, and crypto-tied firms MARA Holdings (MARA), Robinhood Markets (HOOD), and Coinbase Global (COIN) rebounded a respective 22%, 14%, and 13%.

Silver futures edged higher to about $77 an ounce, well off their high of about $121.75 on Jan. 29. Gold futures, which had surged to roughly $5,625 an ounce the same day last week, were up nearly 2% to $4,975.

The yield on the 10-year Treasury—which impacts interest rates on a variety of consumer loans including mortgages—rose to about 4.21% from Thursday’s close of 4.18%.

West Texas Intermediate crude futures, the U.S. benchmark, ticked higher to $63.40 a barrel. The U.S. dollar index, which tracks the value of the greenback against a basket of global currencies, was down slightly at 97.63.