U.S. Equities Split on AI Sell-Off and Jobs Data; Gold Retests $5,000

U.S. major indices traded with a split on February 4, 2026, as selling pressure from tech and software stocks continued, with employment data broadly weaker. The Dow rose on财报 support from Eli Lilly and Micron, while the S&P 500 remained flat and the Nasdaq fell. Investors show caution on software and cloud, with flows shifting toward cyclical and non-tech sectors. Key session data: Dow +260.50pts (0.50%) to 49,489.40; Nasdaq -132.21pts (0.57%) to 23,122.98; S&P 500 -5.88pts (0.09%) to 6,911.93; Semiconductor +/- 70.17pts (0.90%); TSMC ADR -1.01% at USD 332.51; U.S. Treasuries mixed; Gold retested $5,000 at $5,065.80/oz; crude oil and Brent higher; the dollar slightly weaker. The AI disruption debate continued, with selling in software stocks following news of a new automation tool from Anthropic and broader weakness in financials and asset management. The next key watch is Alphabet's earnings after the close.