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Dow Jumps 1,000 Points as Stocks Rebound From a Tech Selloff
The Wall Street Journal ^ | February 6, 2026 | Staff

Posted on 02/06/2026 10:28:54 AM PST by abb

Dip-buyers remain a powerful force in U.S. markets.

A Friday surge brightened what had been a gloomy week on Wall Street, with bargain hunters flooding back to push the Dow industrials within reach of the 50000-point threshold.

The blue-chip average soared about 2%, or 1,025 points, to an intraday record above 49900. Nvidia gained around 7.5%. Caterpillar added 6%. 3M rose 4%.

Investments from tech stocks to cryptocurrencies bounced back from losses earlier in the week. The Nasdaq composite was up about 1.7% after dropping 4.5% in the past three sessions, reflecting investor concerns both about artificial-intelligence disruption and potential overinvestment. Bitcoin rose 10%, retaking much of Thursday's losses to trade near $70,000.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: dowjones; economy; markets; rebound; stocks; trumpeconomy

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So much for yesterday's "crash."
1 posted on 02/06/2026 10:28:55 AM PST by abb
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To: abb

Somebody made a lot of money.


2 posted on 02/06/2026 10:30:19 AM PST by dfwgator ("I am Charlie Kirk!")
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To: dfwgator

Nancy Pelosi made a bundle so did Omar


3 posted on 02/06/2026 10:32:23 AM PST by Sarah Barracuda
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To: dfwgator

and there’s also this, quite unexpectedly:

https://www.bloomberg.com/news/articles/2026-02-06/us-consumer-sentiment-unexpectedly-rises-to-a-six-month-high

US Consumer Sentiment Unexpectedly Rises to a Six-Month High


4 posted on 02/06/2026 10:33:12 AM PST by abb
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To: abb

There was also some massive short selling for short term gains happening this week and past week.


5 posted on 02/06/2026 10:33:12 AM PST by Bayard
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To: Sarah Barracuda

The stock market is as rigged as the NFL.


6 posted on 02/06/2026 10:35:47 AM PST by dfwgator ("I am Charlie Kirk!")
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To: dfwgator

How to say you don’t know what you’re talking about without saying you don’t know what you’re talking about.


7 posted on 02/06/2026 10:41:06 AM PST by airplaneguy
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To: abb

“US Consumer Sentiment Unexpectedly Rises to a Six-Month High”

Always an important stat to watch. The sharp differences in “Sentiment” of different economic levels of the population is a bad sign, obviously.

I posit that the education system is the main culprit. Students have been taught to hate that which can make them successful.


8 posted on 02/06/2026 10:45:33 AM PST by SaxxonWoods (Annnd....I voted for this too!)
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To: abb

Breaking News: End of the World Cancelled.

Media deeply saddened.


9 posted on 02/06/2026 10:50:10 AM PST by Deo volente (In the US in 2024, 25 people were executed total. More children are aborted than that in a half hour)
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To: dfwgator

“The stock market is as rigged as the NFL.”

Nothing new. We can’t do anything about the rigging (both parties and many individuals are cheating) but great opportunities are still everywhere that don’t require cheating, so forward we go.


10 posted on 02/06/2026 10:51:31 AM PST by SaxxonWoods (Annnd....I voted for this too!)
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To: SaxxonWoods

I’m not saying long-term it has much impact, but short-term there is a lot of news manipulation, meant to drive prices up and down, with folks with the inside information ready to take advantage.


11 posted on 02/06/2026 10:52:34 AM PST by dfwgator ("I am Charlie Kirk!")
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To: dfwgator

12 posted on 02/06/2026 10:59:32 AM PST by abb
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To: abb

Dow 50,000 just a few minutes ago

Hate this Trump economy...just soooo bad...Newsweek tells me so


13 posted on 02/06/2026 11:56:06 AM PST by Regulator (It's fraud, Jim)
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To: abb
50,000!
14 posted on 02/06/2026 11:57:41 AM PST by central_va (I won't be reconstructed and I do not give a damn... )
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To: Regulator

They have their hats ready on the floor of the NYSE.


15 posted on 02/06/2026 11:58:28 AM PST by abb
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To: central_va

Turn those machines back on!!!


16 posted on 02/06/2026 11:59:10 AM PST by abb
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To: dfwgator

I know I did

Thanks again Mr. President.

The last shoe to drop is the S.C. decision on Tariffs.πŸ‡ΊπŸ‡ΈπŸ‘πŸ€‘


17 posted on 02/06/2026 12:06:05 PM PST by MotorCityBuck (Keep the change, you are filthy animal !)
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To: SaxxonWoods

What about that jobs report though? It is signaling recession.


18 posted on 02/06/2026 12:12:41 PM PST by Sam Gamgee
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To: MotorCityBuck

What decision is that?


19 posted on 02/06/2026 12:14:37 PM PST by central_va (I won't be reconstructed and I do not give a damn... )
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To: central_va
On whether the 17 Trillion in tariffs Trump has negotiated over the last year are legal.

If so. Katy bar the door.

If not. 3 more years of Biden economy.

20 posted on 02/06/2026 12:56:49 PM PST by MotorCityBuck (Keep the change, you are filthy animal !)
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