empty
 
 

2026.02.1214:36:20UTC+00Dow Extends Record High

US stocks advanced on Thursday, regaining ground after Wednesday’s volatile session as signs of economic strength were weighed against the prospect of a more hawkish Federal Reserve. The three major indices were up about 0.5%, with the Dow Jones Industrial Average setting another record high at 50,300.

Within technology, performance diverged sharply. AI infrastructure names extended their rally, while growing optimism around AI automation tools fueled concerns about potential displacement for software service providers. Micron climbed 10% after its CFO struck an upbeat tone on ramping up production of its key HBM4 product. In the same space, Equinix jumped 11% after exceeding its guidance, whereas Cisco slipped 5% on a softer outlook.

Outside tech, McDonald’s gained 1% following its earnings release. Meanwhile, strong labor market data published yesterday bolstered the case of the Federal Open Market Committee’s more hawkish members, as investors look ahead to tomorrow’s January CPI report for fresh insight into the other side of the Fed’s dual mandate.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback