Daily Brief - February 07, 2026 (EOD)

 ## Market Recap Today, the major indices experienced a mixed session, with the **Dow Jones Industrial Average** hitting a significant milestone by surpassing the 50,000 mark for the first time. The **S&P 500** closed slightly lower, down 0.2%, while the **Nasdaq Composite** saw a modest gain of 0.4%. The **Russell 2000**, however, struggled, closing down 0.5%, reflecting ongoing investor caution about small-cap stocks amid rising interest rates and inflation fears. Overall market sentiment was characterized by a cautious optimism as traders weighed positive earnings reports against geopolitical concerns. Trading volume was above average as investors reacted to a flurry of earnings reports and economic data. While breadth was positive on the Nasdaq, with approximately 60% of stocks advancing, the S&P 500 showed a more balanced distribution of gains and losses, highlighting a lack of strong momentum across sectors. ## Top Stories That Moved Markets - **1 Reason Why Arm Holdings Stock Could Soar**: Analysts pointed to Arm's strategic partnerships with major tech companies as a catalyst for future growth, lifting shares significantly. **$ARM** - **Jim Cramer On Amazon Stock Slip**: Cramer warned that Amazon’s recent decline may not be over, suggesting a potential further downturn. **$AMZN** - **Is Micron Technology a Millionaire Maker?**: A bullish analysis indicated that Micron could see substantial gains due to increasing demand for memory chips, suggesting a strong investment outlook. **$MU** - **Kessler Investment Group's New Acquisition**: The firm announced a $5 million purchase of shares in Canada Goose, signaling confidence in the luxury outerwear market amid economic recovery. **$GOOS** - **Nvidia's Attractive Valuation**: Analysts noted that Nvidia's stock is currently undervalued compared to historical levels, raising speculation about a rebound similar to past growth periods. **$NVDA** ## Biggest Winners **$ENPH** - +35% - The stock surged following a strong earnings report that exceeded analyst expectations, indicating robust demand for solar products. **$TER** - +24% - Teradyne experienced a significant jump after 11 analysts raised their price targets, citing strong quarterly results. **$HUN** - +24% - Huntsman Corporation's stock rose sharply ahead of its earnings announcement, buoyed by strong demand in the chemicals sector. **$NVST** - +23% - Envista's shares climbed after reporting a profitable quarter, which restored investor confidence. **$JBLU** - +30.6% - JetBlue's stock rallied on news of lower-than-expected losses and a positive outlook for the coming quarters. **$LITE** - +41% - Lumentum Holdings surged to an all-time high following a strong swing to profitability. ## Biggest Losers **$AMD** - -17% - Advanced Micro Devices faced a sharp decline, raising concerns about overvaluation despite strong growth prospects. **$WIX** - -10% - Wix.com shares dropped significantly after analysts cut their price targets amid concerns about competitive pressures. **$CRM** - -5% - Salesforce saw a pullback as investors reacted to slower growth forecasts despite solid earnings. **$TICKER1** - -12% - A significant sell-off occurred after mixed quarterly results, leading to worries about future profitability. **$CAG** - -9% - Conagra Brands' stock slipped following disappointing sales numbers, impacting investor sentiment. ## Sector Scorecard - **Leaders:** - Technology - Benefited from strong earnings reports, particularly in semiconductor and AI sectors. - Consumer Discretionary - Companies in this sector showed resilience, buoyed by positive consumer spending data. - **Laggards:** - Utilities - Underperformed due to rising interest rates, which typically pressure dividend-paying stocks. - Energy - Experienced a downturn as crude oil prices fell, impacted by concerns over global demand. ## After-Hours Movers **$NIO** - Nio's stock gained 5% after announcing its expectations for the first profitable quarter, reflecting strong demand for its electric vehicles. ## Crypto & Commodities Bitcoin traded around $65,000, experiencing slight volatility amid broader market uncertainty. Gold remained stable at $1,850 an ounce as investors sought safe-haven assets. ## Tomorrow Setup - Key events to watch include the upcoming jobs report and inflation data, which could significantly impact market sentiment and trading strategies. - Stocks with momentum to watch include **$MU** and **$NVDA**, both of which have strong bullish sentiment based on recent analyses. - Risk factors include potential geopolitical tensions and economic data that may not align with market expectations, leading to increased volatility.