2026년 2월 7일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Wall Street bounced on Friday, with investors returning to technology stocks after assessing the impact of artificial intelligence on the software sector.
The Dow Jones Industrial Average climbed 918 points, or about 2%, led by industrial stocks like Caterpillar (NYSE:CAT) and financial firms such as Goldman Sachs (NYSE:GS). The S&P 500 rose 1%, while the Nasdaq Composite added 1.5%. Despite the gains, both the S&P 500 and Nasdaq are still tracking lower for the week.
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Tech giants saw notable rebounds. Nvidia (NASDAQ:NVDA) surged 6%, recovering from steep losses earlier in the week. Microsoft (NASDAQ:MSFT) climbed 1%, while Amazon (NASDAQ:AMZN) fell 8% after reporting slightly weaker fourth-quarter earnings and announcing plans for $200 billion in capital expenditures in 2026.
The software sector ETF, iShares Expanded Tech-Software (IGV), rose nearly 3% but remains down about 10% for the week. Barclays strategist Venu Krishna noted that AI concerns are being reassessed, and fundamentals for major tech companies remain resilient.
Meanwhile, Bitcoin recovered 9% to above $69,000, after briefly dropping below $61,000. The CBOE Volatility Index (VIX) dipped below 20, signaling eased market jitters.
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