Market Roundup: What Happened Yesterday and What Awaits Us Today (February 10)

US Stocks Rise and Gold Shines Again… Markets Await the Next Step for Interest Rates and Risky Assets

Major U.S. stock indices closed higher on Monday, extending the rebound seen late last week as technology stocks once again provided momentum. The S&P 500 and Nasdaq posted solid gains, while the Dow Jones Industrial Average briefly hit fresh record highs before finishing with only modest upside.

The tech-heavy Nasdaq climbed about 0.9%, supported by strength in large-cap technology names, while the S&P 500 rose roughly 0.5%. The Dow Jones added less than 0.1% despite touching new all-time highs during the session — a sign that broader market momentum remains somewhat uneven.

Markets are still stabilizing after last Thursday’s sharp selloff, which was followed by a strong rebound on Friday when all three major indices surged more than 2%. The Dow in particular jumped over 1,200 points, pushing past the psychological 50,000 mark and snapping a three-week losing streak. However, the Nasdaq had still been under pressure in recent weeks, and the S&P 500 has also shown intermittent weakness.

Among individual stocks, AppLovin and Oracle led S&P 500 gains, rising about 13% and 10% respectively. Within the Dow, Microsoft and Nvidia helped drive performance, climbing roughly 3% and 2.5%. Most mega-cap tech firms advanced, although Apple and Amazon edged lower.

In healthcare, Novo Nordisk shares rose around 3.5% in U.S. trading, while Hims & Hers Health plunged after suspending its generic weight-loss drug initiative amid legal action from Novo Nordisk.

Elsewhere, Kroger shares climbed after appointing former Walmart executive Greg Foran as CEO, while semiconductor firm STMicroelectronics rallied following an expanded partnership with Amazon Web Services.

Bitcoin traded near $70,800 with limited daily movement after sharp volatility late last week. Gold and silver also rebounded, supported by a softer dollar and declining Treasury yields, with the 10-year yield easing to around 4.20%.

Looking ahead, investors remain focused on inflation data, bond yields, and developments in artificial intelligence-driven tech stocks. Continued strength in major tech names could support further gains in the S&P 500 and Nasdaq, while gold and silver may stay supported if yields soften. Crypto markets, meanwhile, are likely to remain volatile.