Back    Zoom +    Zoom -
<US>DJIA Surges 515 Pts at Close, Leading Gains; Traditional Econ Stocks Gain; Walt Disney Dips 7% Post-results
Recommend
5
Positive
10
Negative
8
On the first trading day of February, despite declines in Bitcoin and precious metal prices, US stocks closed higher on Monday, with great momentum.

The DJIA climbed 515 points or 1.1% to 49,407 at close, driven by traditional economic cycle stocks Caterpillar (CAT.US) and Walmart (WMT.US), which elevated 5% and 4% respectively. The S&P 500 closed up 37 points or 0.5% to 6,976, while the Nasdaq inched up 130 points or 0.6% to 23,592.

Related NewsContinuing Jobless Claims for Jan/17 in United States is 1,827K, lower than the previous value of 1,865K. The forecast was 1,860K.
Walt Disney (DIS.US)'s 1Q26 results beat expectations, but anticipated a decline in visitors to US theme parks, denting its share price by over 7%, making it the worst-performing DJIA constituent stock.

Nvidia (NVDA.US) shed nearly 3% after Jensen Huang said that the company will participate in OpenAI's financing. Apple (AAPL.US) inclined post-results, leaping over 4%. Oracle (ORCL.US) announced plans to raise up to US$50 billion to enhance AI capabilities, dragging down its stock price by nearly 3%.

As Bitcoin fell below US$80,000, Robinhood (HOOD.US) dived nearly 10% on Monday, while major Bitcoin holder MicroStrategy (MSTR.US) stumbled nearly 7%.

Related NewsFed Interest Rate Decision for January 2026 in United States is 3.75%, unchanged from its last period. The forecast was 3.75%.

AASTOCKS Financial News
Website: www.aastocks.com