Wall Street advances as tech bounces further off of recent losses
By Sinéad Carew and Twesha
Dikshit
Mon February 9, 2026 5:28 AM
After a very short-lived early morning sell off on all three indexes, all three quickly went into the black and, though the Dow remained mostly flat all day, tech took off as recent worries about over-valuations and AI vulnerabilities seem to have gone now to the back burner as bargain hunting continues for the second day. The Dow had a modest gain but still a second consecutive closing record and the S&P closed just shy of its record. The Nasdaq remains about 3% below its record.
Tech overall was up 1.6%. Good news from ChatGPT helped boost tech but the announcement could not be verified by the financial media. Coming Wednesday will be the nonfarm payrolls report and CPI on Friday. The year’s first Fed rate cut is now expected in June. The rush to the exits is abating as trading is calming down a bit with today’s volume at 17.78 billion, well below the 4-week average of 20.66 billion.
DJ: 50,115.67 +1,206.95 NAS: 23,031.21
+490.63 S&P: 6,932.30
133.90 2/6
DJ: 50,135.87 +20.20 NAS: 23,238.67
+207.46 S&P: 6,964.82 +32.52 2/9
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