US Stocks Swing Higher

2026-02-11 17:47 By Andre Joaquim 1 min. read

US stock indices rebounded on a choppy Wednesday as a robust macroeconomic backdrop weighed against the outlook of restrictive monetary policy and potential AI disruption.

The S&P 500 and the Nasdaq 100 rose 0.3% and the Dow gained another record high above 50,200.

Non-farm payrolls rose by 130K on private sector support, more than twice of what was expected, and the unemployment rate unexpectedly dropped.

The figures underscored stability in the labor market and challenged dovish calls by some Federal Reserve Governors.

AI infrastructure stocks gained with Micron, Texas Instruments, and Lam Research adding more than 5% each.

In turn, software companies came under reignited pressure on the view that their business may be displaced by AI automation tools.

Salesforce, ServiceNow, and Intuit fell more than 5%, while Oracle and Palantir dropped more than 2%.

T-Mobile sank 5% after posting a smaller user growth than expected, and Humana dropped 1% on their earnings.



News Stream
US Stocks Swing Higher
US stock indices rebounded on a choppy Wednesday as a robust macroeconomic backdrop weighed against the outlook of restrictive monetary policy and potential AI disruption. The S&P 500 and the Nasdaq 100 rose 0.3% and the Dow gained another record high above 50,200. Non-farm payrolls rose by 130K on private sector support, more than twice of what was expected, and the unemployment rate unexpectedly dropped. The figures underscored stability in the labor market and challenged dovish calls by some Federal Reserve Governors. AI infrastructure stocks gained with Micron, Texas Instruments, and Lam Research adding more than 5% each. In turn, software companies came under reignited pressure on the view that their business may be displaced by AI automation tools. Salesforce, ServiceNow, and Intuit fell more than 5%, while Oracle and Palantir dropped more than 2%. T-Mobile sank 5% after posting a smaller user growth than expected, and Humana dropped 1% on their earnings.
2026-02-11
US Stocks Pull Back from Records
US stocks erased early gains on Wednesday on fresh pressure for software companies and the outlook of a more hawkish Federal Reserve following a strong jobs report. The Dow dropped 200 points after having crossed the 50,000 mark, while the S&P 500 and the Nasdaq 100 were relatively flat. Non-farm payrolls rose by 130K from the pervious month with support from the private sector, more than twice of what was expected, and the unemployment rate unexpectedly dropped. The figures underscored some level of robustness in the domestic labor market and challenging dovish calls by selected Federal Reserve Governors. In the meantime, software companies came under reignited pressure on the view that their business may be displaced by AI automation tools. Salesforce, ServiceNow, and Intuit fell more than 5%, while Oracle and Palantir dropped more than 2%. T-Mobile sank 5% after posting a smaller user growth than expected, and Humana dropped 1% on their earnings.
2026-02-11
The Dow Jones Index Opens 0.26% Higher
The Dow Jones Index is gaining 129 points or 0.26 percent on Wednesday. Leading the gains are Caterpillar (4.09%), Verizon (1.92%) and Chevron (1.64%). Top losers are Salesforce (-3.81%), IBM (-1.95%) and Microsoft (-1.74%).
2026-02-11