Stock Market Update
06-Feb-26 13:30 ET
Dow Surges 1,020+ Points Toward 50,000 as Nvidia, Caterpillar Lead; Amazon Slumps
Dow +1020.14
at 49927.65,
Nasdaq +413.86
at 22954.47,
S&P +110.19
at 6908.58
[BRIEFING.COM] The Dow Jones Industrial Average (+2.09%) is up more than 1,020 points, making a play at the 50K level.
A look inside the DJIA shows that NVIDIA (NVDA 184.43, +12.55, +7.30%), Caterpillar (CAT 721.83, +43.52, +6.42%), and 3M (MMM 171.76, +6.68, +4.05%) are outperforming.
Meanwhile, Amazon (AMZN 207.63, -15.06, -6.76%) is sharply lower.
The DJIA is poised to end the week +2.12% higher.
Also, at the top of the hour, Baker Hughes (BKR 59.32, +1.96, +3.42%) announced a weekly U.S. rotary rig count of 551, +5 w/w and -35 yr/yr.
