U.S. Stocks Rebound on February 2, 2026, Ending Three-Day S&P 500 Slide

U.S. equities rose on February 2, 2026, reversing a three-day decline amid global market volatility that saw sharp losses in Asian markets followed by European gains. The S&P 500 gained 0.5% to 6,976.44, just below its all-time high, while the Dow Jones Industrial Average surged 1.1% to 49,407.66 and the Nasdaq composite added 0.6% to 23,592.11. Commodities swung wildly: silver pared an overnight 9% drop before retreating again, and gold briefly dipped below $4,500 per ounce. Oil prices fell, and Treasury yields rose after a stronger-than-expected U.S. manufacturing report. Year-to-date, the Russell 2000 leads with a 6.4% gain, followed by the Dow (+2.8%), S&P 500 (+1.9%), and Nasdaq (+1.5%).