S&P 500, Nasdaq dip with economic data, earnings in focus
By Sinéad Carew and Twesha
Dikshit
Tue February 10, 2026 6:12 AM
All three indexes started the day up, the Dow way up almost 400 points, before all started declining again with tech once again seeing the heaviest losses as overinvestment concerns with AI crop up again. The Dow lost most of its ground due to a flat retail sales report vs an expected 0.4% increase, indicating that consumer spending has stalled. But what’s really going on is everyone sitting on the fence awaiting Wednesday’s jobs report and keeping a hedge in case it’s disappointing.
The Dow was mostly spurred on by gains in Disney and Home Depot and though it lost most of these early morning gains, it still closed modestly up, which means it achieved a third straight day of records with the S&P continuing to inch further away from its record which it almost brushed yesterday. But caution dominated the day ahead of the non-farm payrolls, which was reflected in the day’s 17.89 billion volume, still considerably below the 20.68 4-week average.
DJ: 50,135.87 +20.20 NAS: 23,238.67
+207.46 S&P: 6,964.82
+32.52 2/9
DJ: 50,188.14 +52.27 NAS: 23,102.47
-136.20 S&P: 6,941.81
-23.01 2/10
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