Dow Surpasses 50K as S&P 500, Nasdaq Rise; Big Tech Gains Amid AI and Crypto Volatility

U.S. stocks surged on February 6, 2026, as Wall Street rebounded from a weeklong tech sell-off amid reassessment of AI disruption risks and heavy Big Tech spending. The Dow Jones Industrial Average (^DJI) rose 2.2%, or about 1,000 points, nearing 50,000. The S&P 500 (^GSPC) climbed 1.7%, and the Nasdaq Composite (^IXIC) added about 2% after Thursday's sharp losses and a week of selling. Nvidia (NVDA) jumped over 7%, while Broadcom (AVGO) and Tesla (TSLA) posted strong gains. Amazon (AMZN) fell 7% after reporting plans for $200B cloud spending in 2026 despite softer-than-expected operating income. Bitcoin (BTC-USD) climbed back above $68,000, though it remains on track for its worst weekly performance since 2022. Crypto-focused Strategy (MSTR) reported a quarterly loss, initially拖累 its stock, but shares rose over 13% on bitcoin's revival as CEO downplayed debt-servicing risks. Stellantis (STLA) warned of a $26B charge to scale back its EV push, sending shares down over 20% in New York and Milan. The January jobs report, originally scheduled for Friday, is now released Wednesday, February 13, 2026, amid reports of falling job openings and surging layoff announcements.