US stock market on the move today: Dow and S&P 500 surge, but why is Nasdaq down - Gold, silver and bitcoin rebound from historic crash

US stock market on the move today: Dow and S&P 500 climb as Nasdaq slips. The Dow Jones surged 190.32 points to 49,082.79 today as the market weathered a massive rotation. Investors are shifting capital out of high-growth tech and into "Old Economy" value stocks. The S&P 500 rose slightly to 6,944.28, but the Nasdaq fell 0.08%. Risk assets stabilized as gold rebounded above $4,800, silver surged nearly 5%, and bitcoin climbed back toward $79,000.

Feb 2, 2026 - 22:00
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US stock market on the move today: Dow and S&P 500 surge, but why is Nasdaq down - Gold, silver and bitcoin rebound from historic crash
US stock market on the move today: Dow and S&P 500 climb as Nasdaq slips. The Dow Jones surged 190.32 points to 49,082.79 today as the market weathered a massive rotation. Investors are shifting capital out of high-growth tech and into "Old Economy" value stocks. The S&P 500 rose slightly to 6,944.28, but the Nasdaq fell 0.08%. Risk assets stabilized as gold rebounded above $4,800, silver surged nearly 5%, and bitcoin climbed back toward $79,000.

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