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Source document· February 6, 2026
Stocks Settle Lower as Tech and Crypto are Routed
View original at nasdaq.comStocks Settle Lower as Tech and Crypto are Routed The S&P 500 Index ($SPX) (SPY) on Thursday closed down -1.23%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.38%…
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Supported Fed decision to hold interest rates steady
80% confidenceUpside risks to inflation have diminished and there should be scope for further policy easing
80% confidenceRisks are tilted toward higher inflation and it is essential to maintain credibility by returning to a disinflationary path
80% confidenceExcluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%
80% confidenceS&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth
80% confidenceThe economy remains resilient in a challenging global environment with uncertain outlook due to trade policy uncertainty and geopolitical tensions
80% confidence
Data points we hold from this source
| Qualcomm Incorporated · revenue guidance | 10.6 billion_USD |