ET 18:56

Stock Futures Edge Higher as Wall Street Awaits Tech Earnings and Jobs Data

U.S. stock futures rose modestly on February 2, 2026, extending gains from a strong start to the month, with S&P 500 futures (ES=F) up 0.2% and Nasdaq 100 futures (NQ=F) climbing 0.4%. Dow futures (YM=F) held near flat after the index surged 500 points earlier in the day. AI-related stocks showed mixed performance: SanDisk (SNDK) gained, while Nvidia (NVDA) dropped nearly 3% amid reports OpenAI is delaying a $100 billion infrastructure deal due to concerns over Nvidia’s chips. Bitcoin stabilized after hitting a multi-month low, and gold (GC=F) and silver (SI=F) futures declined following steep losses the prior week. Over 100 S&P 500 companies, including AMD, Amazon (AMZN), and Alphabet (GOOG), are set to report earnings this week. Palantir (PLTR) jumped 6% in after-hours trading on strong Q4 results. The closely watched U.S. jobs report is now postponed due to a partial government shutdown.

EditorWong Mei Ling