AI-fueled tech selling and weak labor signals rattled major U.S. indexes today, with software stocks in freefall, Feb. 5, 2026.
The S&P 500 (^GSPC 1.23%) fell 1.23% to 6,798.40 today as AI‑driven tech selling and weak labor data pressured sentiment.
» Read more about: Stock Market Today, Feb. 5: S&P 500 Loses 1.23% as Tech Sell-Off Continues »
Traders work at the Nasdaq on Feb. 4th, 2026.
Adam Jeffery | CNBC
Stock futures retreated Thursday night as Amazon shares tumbled following earnings and investors hedged bets following a broad market sell-off.
On Feb. 5, 2026, investors weighed Amazon’s surging AI and cloud capex against bold long-term targets.
Today’s Change
(-4.42%) $-10.30
Current Price
$222.69
Market Cap
$2.5T
Day’s Range
$220.38 –
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For this reason, floating-rate mutual funds attract the attention of both yield-hungry investors and the mutual fund companies that love to feed them.
» Read more about: Floating-Rate Mutual Funds: Rewards and Risks »
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Has India managed to secure the ‘father of all deals’ with the US? American President Donald Trump and Prime Minister Narendra Modi took everyone by surprise this week when they announced that the tariff rate on Indian goods to the US will be reduced to 18%.
Most Americans want the Supreme Court to decide against President Trump on his tariff authority and his attempt to fire Federal Reserve board of governors member Lisa Cook, according to a new poll.
The Marquette Law School Supreme Court poll found that 63 percent of respondents said that they want the nation’s highest court to restrict “the president’s authority to impose tariffs,” while 36 percent said they want the Supreme Court to “hold that the President has the authority to set tariffs.”
When asked about Trump’s attempt to fire Cook,
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An aggressive stock market sell-off focused on investors’ fears that AI will disrupt the software industry has spread to some of Wall Street’s biggest money management firms. And their executives have seen enough.
“For those on the call that are thinking Fortune 500 companies are going to take all their software and just rip it out and just say,
5 min readNew DelhiUpdated: Feb 4, 2026 11:42 AM IST
More often than not, headlines focus on US President Donald Trump. This week, the spotlight is on his move to reduce tariffs on imports from India to 18 per cent from 50 per cent.
