• Sat, Feb 7, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

7 February 2026 04:13  |

Dow Jones Sets Fresh Historic High

The Dow closed at a record high on Friday, surging 2.5% as US equities staged a broad based snapback after a bruising tech led selloff earlier in the week, with dip buying returning as fears around near term AI disruption and forced deleveraging eased.

The S&P 500 jumped 1.9% and the Nasdaq rose 2.1%, led by a sharp rebound in semiconductors, with Nvidia, Broadcom, and AMD surging over 7% each as investors selectively rebuilt exposure after steep declines. Cyclicals outperformed, with Caterpillar and Goldman Sachs gaining 7.1% and 4.3%, reinforcing a rotation toward value and economically sensitive sectors.

Despite Friday’s surge, the Nasdaq still ended the week down 1.9%, reflecting lingering caution around elevated valuations, heavy AI capex commitments, and earnings execution risk, with Amazon extending losses by 5.6% after reaffirming plans for $200 billion in AI investment. The S&P 500 finished the week 0.1% lower, while the Dow advanced 2.6%.

Source: Tradingeconomics.com

Related News

MARKET UPDATE

Asia Slightly Red, Yen Remains Strong: Korean Tariffs Make ...

Asian markets moved slightly lower after tariff concerns resurfaced. South Korea was the focus: the Kospi fell around 0.9%, w...

27 January 2026 07:23
MARKET UPDATE

Asian Markets Tend to Be Cautious Following US Data Release...

Asian stock markets opened without a clear direction on Wednesday (August 6th), after weak US services sector data fueled unc...

6 August 2025 07:48
MARKET UPDATE

Asian Stock Markets Continue to Rise, S&P 500 Also Breaks R...

Asian stocks continued their two-day rally, following positive momentum from Wall Street that fueled a global rally. The MSCI...

23 December 2025 07:21
MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
BIAS23.com NM23 Ai