Major equities indexes ended higher Monday after sharp gains to end last week, as tech stocks lifted the S&P 500 and Nasdaq, and the Dow Jones Industrial Average set fresh intraday and closing records.
The tech-heavy Nasdaq and benchmark S&P 500 closed a respective 0.9% and 0.5% higher, while the blue-chip Dow finished up less than 0.1% after hitting an all-time high for a second straight session.
After sinking last Thursday, the indexes bounced back sharply Friday, all soaring at least 2%. The Dow jumped more than 1,200 points to cross the 50000 threshold for the first time and snap a three-week losing streak, although the Nasdaq extended its skid to four weeks and the S&P 500 fell for the third time in four weeks.
On Monday, AppLovin (APP) and Oracle (ORCL) paced the S&P 500 with gains of 13% and nearly 10%, respectively, while shares of Microsoft (MSFT) and AI darling Nvidia (NVDA) led the Dow with respective advances of about 3% and 2.5%. All of the Magnificent Seven companies were higher except for Apple (AAPL) and Amazon (AMZN), which were down 1.2% and 0.8%, respectively.
U.S.-listed shares of Danish pharmaceutical company Novo Nordisk (NVO) rose about 3.5% and Hims & Hers Health (HIMS) stock plummeted 16% after the latter firm said it had “decided to stop offering access” to its copycat version of the former’s Wegovy weight-loss pill. Novo Nordisk also announced it was suing Hims & Hers “to protect patients from unsafe, knock-off Wegovy and Ozempic.”
Elsewhere, Kroger (KR) stock advanced about 4% after the grocery giant named former Walmart executive Greg Foran its new CEO, and U.S.-listed shares of Switzerland-based semiconductor firm STMicroelectronics (STM) jumped 9% on an expanded partnership with Amazon Web Services.
Bitcoin was trading around $70,800 at 4 p.m. ET, little changed on the day. The largest cryptocurrency had a wild Friday, tumbling to just above $60,000 before rebounding above $70,000.
Gold futures were up 2.5% to $5,100 an ounce but still well off their high of about $5,625 set on Jan. 29. Silver futures were 8.5% higher to $83.60 an ounce, well off their level of roughly $121.75 set on the same date.
The yield on the 10-year Treasury—which impacts interest rates on a variety of consumer loans including mortgages—slipped to 4.20% from Friday’s close at around 4.22%.
West Texas Intermediate crude futures, the U.S. benchmark, rose 1% to $64.25 a barrel. The U.S. dollar index, which tracks the value of the greenback against a basket of global currencies, was down 0.8% at 96.83.
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Markets News, Feb. 9, 2026: Major Indexes Close Higher to Begin Week; Tech Stocks Power Nasdaq, S&P 500; Dow Hits New All-Time High
Major equities indexes ended higher Monday after sharp gains to end last week, as tech stocks lifted the S&P 500 and Nasdaq, and the Dow Jones Industrial Average set fresh intraday and closing records.
The tech-heavy Nasdaq and benchmark S&P 500 closed a respective 0.9% and 0.5% higher, while the blue-chip Dow finished up less than 0.1% after hitting an all-time high for a second straight session.
After sinking last Thursday, the indexes bounced back sharply Friday, all soaring at least 2%. The Dow jumped more than 1,200 points to cross the 50000 threshold for the first time and snap a three-week losing streak, although the Nasdaq extended its skid to four weeks and the S&P 500 fell for the third time in four weeks.
On Monday, AppLovin (APP) and Oracle (ORCL) paced the S&P 500 with gains of 13% and nearly 10%, respectively, while shares of Microsoft (MSFT) and AI darling Nvidia (NVDA) led the Dow with respective advances of about 3% and 2.5%. All of the Magnificent Seven companies were higher except for Apple (AAPL) and Amazon (AMZN), which were down 1.2% and 0.8%, respectively.
U.S.-listed shares of Danish pharmaceutical company Novo Nordisk (NVO) rose about 3.5% and Hims & Hers Health (HIMS) stock plummeted 16% after the latter firm said it had “decided to stop offering access” to its copycat version of the former’s Wegovy weight-loss pill. Novo Nordisk also announced it was suing Hims & Hers “to protect patients from unsafe, knock-off Wegovy and Ozempic.”
Elsewhere, Kroger (KR) stock advanced about 4% after the grocery giant named former Walmart executive Greg Foran its new CEO, and U.S.-listed shares of Switzerland-based semiconductor firm STMicroelectronics (STM) jumped 9% on an expanded partnership with Amazon Web Services.
Bitcoin was trading around $70,800 at 4 p.m. ET, little changed on the day. The largest cryptocurrency had a wild Friday, tumbling to just above $60,000 before rebounding above $70,000.
Gold futures were up 2.5% to $5,100 an ounce but still well off their high of about $5,625 set on Jan. 29. Silver futures were 8.5% higher to $83.60 an ounce, well off their level of roughly $121.75 set on the same date.
The yield on the 10-year Treasury—which impacts interest rates on a variety of consumer loans including mortgages—slipped to 4.20% from Friday’s close at around 4.22%.
West Texas Intermediate crude futures, the U.S. benchmark, rose 1% to $64.25 a barrel. The U.S. dollar index, which tracks the value of the greenback against a basket of global currencies, was down 0.8% at 96.83.