RocketBull
02-04 20:35

🚨🚨🚨Market Summary: February 4, 2026

Global markets are navigating a period of high volatility driven by shifting U.S. monetary policy and a correction in the technology sector.

Equities & Commodities

 * U.S. Markets: Wall Street closed sharply lower. The Nasdaq dropped 1.4%, pressured by heavyweights like Microsoft and Nvidia as investors questioned if AI returns justify current valuations. The S&P 500 fell 0.8%.

 * Asian Markets: Trading was mixed; Japan’s Nikkei fell nearly 1%, while India's Nifty50 managed a marginal gain of 0.2% despite global headwinds.

 * Gold & Silver: Both metals are seeing a strong "safe-haven" rebound after a massive sell-off last week. Gold surged 2.8% to reach $5,070, while Silver jumped nearly 5%.

 * Oil: Prices edged higher to approximately $63.60 (WTI) amid renewed U.S.-Iran tensions.

Cryptocurrency

The crypto market is currently consolidating after a sharp dip, with the total market cap sitting around $2.59 trillion.

 * Bitcoin (BTC): Stabilized near $76,000 after hitting a low of $73,000 earlier this week. Inflows into Bitcoin ETFs suggest institutional interest is returning at these lower levels.

 * Ethereum (ETH): Underperformed compared to Bitcoin, trading around $2,270 (down roughly 24% over the last week).

 * Altcoins: Most major assets like Solana and BNB faced double-digit weekly losses, though Tron and Dogecoin showed slight resilience today.

> Key Watch: Investors are focused on the upcoming U.S. jobs report and the potential policy shifts under Fed Chair nominee Kevin Warsh, whose hawkish reputation is buoying the U.S. dollar.

>l$iShares Bitcoin Trust(IBIT)$ $SPDR S&P 500 ETF Trust(SPY)$   

💰Stocks to watch today?(6 Feb)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment