DJIA Rises 515 Points at Close, Driving Gains; Traditional Economic Stocks Perform Well; Walt Disney Falls 7% After Earnings Report

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: 6d ago

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Should l Buy ?

Source: aastocks

US Stock Market Performance: On the first trading day of February, US stocks closed higher, with the DJIA rising 515 points (1.1%) driven by Caterpillar and Walmart, while the S&P 500 and Nasdaq also saw gains.
Fed Interest Rate and Economic Indicators: The Federal Reserve's interest rate remained unchanged at 3.75%, and continuing jobless claims decreased to 1,827K, better than expected.
Walt Disney and Nvidia Stock Movements: Walt Disney's 1Q26 results exceeded expectations but led to a 7% drop in share price due to anticipated declines in theme park visitors, while Nvidia's stock fell nearly 3% after news of its participation in OpenAI's financing.
Cryptocurrency Market Impact: Bitcoin prices fell below $80,000, causing significant declines in stocks of Robinhood and MicroStrategy, which dropped nearly 10% and 7% respectively.

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About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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