The main U.S. stock indices began trading in mixed direction on February 4 after a sharp <a href="https://oninvest.com/article/nasdaq-composite-upal-na-1-4-pocemu-investory-izbavlalis-ot-tehnologiceskih-akcij">decline a</a> day earlier, caused by the redistribution of capital from technology stocks to more protective securities. Also investors on Wednesday were reacting to new data on the labor market, CNBC <a href="https://www.cnbc.com/2026/02/03/stock-market-today-live-updates.html">writes</a>.

Dow Jones up, Nasdaq down: stocks under pressure from IT sector and weak labor market

Nasdaq, Inc.

A record wave of buying of U.S. stocks by retail investors is starting to run out of steam, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-02-03/stocks-rally-at-risk-as-retail-fervor-fades-says-citadel-securities-rubner">says</a>, with net inflows last month exceeding January's figure by more than 50 percent a year ago, according to Citadel Securities, but seasonality and waning excitement point to the risk of a slowdown in February.


Stock market rally threatens to dampen excitement among retail investors - Citadel

The market was supported by good data on manufacturing activity

Stocks in the U.S. returned to growth after a series of declines. Gold slowed down

SPDR S&P 500 ETF Trust

SPDR Gold Shares

iShares Biotechnology ETF

On January 28, the S&amp;P index <a href="https://oninvest.com/article/s-p-500-vpervye-v-istorii-prevysil-7000-punktov">hit the</a> 7,000 mark for the first time, fueled by optimism around artificial intelligence and expectations of corporate results. Two days later, a 10% drop in Microsoft shares triggered a large-scale sell-off. Oninvest asked Alexei Primak, founder of the Institute of Financial and Investment Technologies, what trends await us in February and where $10000 should be invested. His choice: the technology market (S&amp;P 500), gold ETFs, and a biotechnology fund.

Where to invest $10,000 in February: an example of a simple investment portfolio

The value of silver collapsed 12% and bitcoin approached its lowest since Trump's return to the White House

The sell-off in gold and silver has spilled over into bitcoin and equities: what's happening in the market?

Apple Inc.

Verizon Communications Inc.

Microsoft Corporation

Strong strengthening of the dollar led to a sell-off in metals

The S&amp;P 500 fell for the third straight day, but is in the plus side for January. Gold collapsed by 9%

Investors assess tech giants' reports and Trump's choice to head the Fed

US markets accelerated their fall: Dow Jones lost over 1%, gold - over 8%

U.S. stock indexes opened mostly slightly lower, partially reversing losses on January 30 after U.S. President Donald Trump <a href="https://oninvest.com/article/tramp-vydvinul-kandidata-na-post-glavy-frs-cto-o-nem-izvestno">nominated</a> Kevin Warsh, an economist and former member of the Federal Reserve Board of Governors, to head the U.S. central bank. Futures on all of them declined before the opening of trading on U.S. exchanges on January 30 ahead of Trump's announcement of his nominee to head the Fed.

'Neutral impact': how markets reacted to Trump's nominee to head the Fed

The Dow Jones even managed to end a challenging day in the green zone

The Nasdaq fell for the first time in seven days because of Microsoft. But the sell-off was avoided

U.S. stocks fell sharply in trading on January 29. The Nasdaq Composite index, dominated by technology companies, fell by 2.5%. The S&amp;P 500 index fell by 1.5%, while the Dow Jones index fell by 0.7%.

The Nasdaq index fell 2.5 percent. Bigtech investors are worried about the payback on AI spending

NVIDIA Corporation

ASML Holding N.V.

The main U.S. stock index S&amp;P 500 rose to a new record at the beginning of trading on January 28 and reached 7000 points amid expectations of the Fed's decision on interest rates and the publication of reports of major technology companies.

S&amp;P 500 exceeded 7000 points for the first time in history

F5, Inc.

Texas Instruments Incorporated

Seagate Technology Holdings plc

Venu Holding Corporation

Qorvo, Inc.

General Motors Company

Micron Technology, Inc.

Richtech Robotics Inc.

HCA Healthcare, Inc.

UnitedHealth Group Incorporated

Synchrony Financial

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.