By William Collins, consultant in stock markets – Eurasia Business News, February 2, 2026. Article no 2022

U.S. stocks were mixed, with the Dow up, the Nasdaq down earlier in the session, oil prices lower, and gold sharply off recent highs but still around ‑$4,600s per troy ounce range.

The Dow Jones Industrial Average was trading higher, gaining around 1% (roughly 400–450 points) in early February 2 trading, rebounding after losses at the end of January.

The tech‑heavy Nasdaq Composite was weaker relative to the Dow, under pressure from technology names and earlier futures declines, and was fluctuating around flat to slightly negative in early trading before modest intraday gains.

The broader S&P 500 showed moderate gains, supported by sectors outside of high‑growth tech, as investors digested earnings and the nomination of Kevin Warsh as the next Federal Reserve chair by President Donald Trump.

Shares in Disney sank after executives warned of muted growth for this quarter. The entertainment company pointed to a slowdown in international visitors for its U.S. theme parks. Disney stock fell 4.7% to 107.50 in Monday’s trading, though off early lows of 103.75.

Tesla shares are trading lower Monday as new figures underscore the company’s sustained sales woes in Europe.

The automaker’s January electric-vehicle registrations, a proxy for sales, fell 88% in Norway, 42% in France and almost 67% in the Netherlands compared with a year earlier, according to official data. January was more positive for in Denmark, where sales nudged up 3%, and Switzerland, where the company’s registrations grew 26% compared with a year earlier.

Over in the bond market, the 10-year Treasury yield (US10Y) rose 4 basis points to 4.28%, while the 2-year yield (US2Y) was 4 basis points lower at 3.58%.

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The U.S. federal government entered a partial shutdown early Saturday morning, even after the Senate passed a funding package hours earlier. The shutdown is expected to be brief.

The January jobs report won’t be released as scheduled Friday because of a partial government shutdown, a spokeswoman for the Bureau of Labor Statistics said Monday.

Oil prices

U.S. benchmark crude (WTI) recently fell more than 5%to below $62 per barrel from a late‑January spike to a six‑month high, as futures slid following prior geopolitical worries and OPEC+’s decision to keep a pause on production hikes. Traders closely monitor US-Iran negotiations.

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The pullback reflected cooling fears about supply disruptions tied to tensions involving Iran and Venezuela, and a reassessment after the earlier rally.

Gold around $4,673

Gold has been in a highly volatile phase after an extraordinary run in which it broke above $5,000 and approached $5,600 per ounce in late January.

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Following that surge, gold sold off on Friday January 29 ; Today gold price are about $4,673 per troy ounce.

Bitcoin at $ 79,000

Bitcoin is trading around 78,800–79,000 dollars today, February 2.

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© Copyright 2026 – Eurasia Business News. Article no. 2022