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<US>DJIA Surges 515 Pts at Close, Leading Gains; Traditional Econ Stocks Gain; Walt Disney Dips 7% Post-results
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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. 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%. AASTOCKS Financial News Website: www.aastocks.com |
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