Stock futures pointed higher Friday, a day after major indexes sank amid risk-off sentiment. Still, the Nasdaq and S&P 500 were poised to register sharp weekly losses.
Nasdaq 100, S&P 500, and Dow Jones Industrial Average futures were up a respective 0.8%, 0.7%, and 0.6%.
Yesterday, the tech-heavy Nasdaq and benchmark S&P 500 posted their third straight losing sessions, falling 1.6% and 1.2%, respectively, while the blue-chip Dow Jones Industrial Average finished down 1.2%, or nearly 600 points.
The Nasdaq and S&P 500 entered Friday down a respective 4% and 2% for the week, while the Dow was fractionally higher. The Nasdaq—which was on pace for its worst week since last April—and Dow have fallen the past three weeks, while the S&P 500 snapped a two-week losing streak last Friday.
Amazon (AMZN) stock sank 7% in premarket trading following a disappointing earnings report after the bell yesterday. Shares of its Magnificent Seven brethren were mixed, with Nvidia (NVDA) and Tesla (TSLA) leading gainers with advances of roughly 3% and 2%, respectively. Microsoft (MSFT), the biggest decliner of the group Thursday with a 5% drop, was nearly 2% higher before the bell, and
Another notable tech company, Qualcomm (QCOM), rebounded mildly after its stock sank 8.5% yesterday after executives attributed the firm’s soft current-quarter forecasts to the global memory shortage.
Shares of “Big Three” automaker Stellantis (STLA) plummeted 27% before the bell after it announced a business “reset” that includes a roughly $26 billion charge.
In post-earnings moves, shares of Roblox (RBLX) and Reddit (RDDT) surged 15% and 10%, respectively, while Coty (COTY) stock dropped 8%.
Bitcoin tumbled yesterday and sank to just above $60,000 overnight before rebounding. It recently traded around $65,800, but still was down about 15% this week and at its lowest level since October 2024. Shares of bitcoin treasury firm Strategy (MSTR) rose 6% before the bell after diving 17% to pace Nasdaq decliners yesterday, and crypto-tied firms MARA Holdings (MARA), Coinbase Global (COIN), and Robinhood Markets (HOOD) rebounded a respective 7.5%, 6%, and 5.5%.
Silver futures fell 3% to about $74 an ounce, well off their high of about $121.75 on Jan. 29. Gold futures, which had surged to roughly $5,625 an ounce the same day last week, ticked higher to $4,900.
The yield on the 10-year Treasury—which impacts interest rates on a variety of consumer loans including mortgages—rose to 4.20% from Thursday’s close of 4.18%.
West Texas Intermediate crude futures, the U.S. benchmark, were little changed at $63.35 a barrel. The U.S. dollar index, which tracks the value of the greenback against a basket of global currencies, was near flat at 97.83.
February 06, 2026 07:19 AM EST
Is Now the Time to Load Up on Bonds? Vanguard Thinks So
FROM 3 minutes ago
The 60/40 portfolio is back. Or is it the 40/60 portfolio?
“It might be time to skew your portfolio more to the bond side versus U.S. equities,” said Gregory Davis, President and chief investment officer at Vanguard, in an appearance on CNBC Thursday.
“You have a 10-year [yield] that’s at 4.2%. You’re picking up a nice premium relative to where inflation is today,” said Davis. “It’s the first time in almost a decade where you’re actually earning a real yield when it comes to investing in bonds.”
Treasury yields languished at historic lows following the 2008 Global Financial Crisis, and fell even further when the Federal Reserve slashed interest rates in response to Covid-19. Soaring inflation in 2022 forced the Federal Reserve to aggressively hike rates, driving bond yields higher. The yield on the 10-year Treasury note topped 4% for the first time since 2008 in September 2022, and has stayed above that threshold for most of the past three years.
Michael Nagle / Bloomberg via Getty Images
In that time, the stock market has been on a tear. The S&P 500 is up about 90% since the current bull market began in October 2022. Booming investment in artificial intelligence has fueled three consecutive years of double-digit returns for the benchmark index.
But the market’s exceptional performance in recent years could be a double-edged sword. U.S. stocks “have been overvalued for some time,” said Davis on Wednesday. That’s one of the reasons he expects the return on stocks and bonds to be “pretty comparable” over the next decade. Vanguard predicted mid-single-digit stock returns over the next decade in its 2026 market preview. Goldman Sachs analysts issued a similar forecast a year earlier.
Read the full article here.
February 06, 2026 06:42 AM EST
Stock Futures Point Higher After Sell-Off
FROM 41 minutes ago
Futures contracts connected to the Dow Jones Industrial Average were up 0.4%.
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S&P 500 futures rose 0.6%.
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Nasdaq 100 futures advanced 0.7%.
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