Market Summary - February 6, 2026

US Market Overview

The US100 index experienced gains following the release of the University of Michigan's sentiment report for February, which indicated a reading of 57.3, surpassing the expected 55.0 and the previous month's 56.4. Notably, the current conditions gauge saw a significant increase to 58.3 from 53.7, while the expectations index rose more modestly.

Inflation Expectations

One-year inflation expectations decreased to 3.5%, down from the anticipated 4.0% and the previous month's 4.0%. Conversely, five-year inflation expectations slightly exceeded forecasts, coming in at 3.4% compared to the expected 3.3% and the prior month's 3.3%.

Market Volatility

Despite volatility in Nasdaq 100 futures, which saw a drop of nearly 200 points since 15:45, the index remained up more than 1.5% for the day. Key stock movements included Nvidia shares surging over 5%, while Amazon experienced a decline of more than 8%, and Alphabet fell nearly 3%. However, other stocks, particularly in the software sector, showed strong gains.

Daily Summary

Overall, there was a sense of euphoria on Wall Street, with silver rebounding by 10% during the trading session.

Upcoming Market Focus

Investors are advised to keep an eye on three key markets in the upcoming week starting February 9, 2026, as recovery trends continue but with underlying caution among investors.

Geopolitical Briefing

A geopolitical briefing on February 6, 2026, raised questions about whether Iran remains a significant risk factor in the current market environment.