By Park-Elm|
2026-02-04T16:59:59+00:00
February 4th, 2026|General, Markets|
- It was a rollercoaster start to the year for U.S. equities. A sell-off in Japanese government bonds coupled with tariff-related tensions on January 20th contributed to the S&P 500’s worst single-day drop since October 2025 while the VIX® rose above the 20 mark. Still, the market marched upwards, with The 500® hitting all-time highs and closing the month up 1%, despite a pullback during the final two trading days of the month. Disappointing reactions to Big Tech earnings, fresh inflation jitters and concerns over the announcement of the new Federal Reserve chair put a damper on sentiment.
- Fueled by robust economic data and strong earnings, the rally broadened beyond large-caps, with the S&P MidCap 400 and S&P SmallCap 600 advancing 4% and 6%, respectively.
- Most large-cap sectors finished higher, led by a rotation toward Energy and Materials, up 14% and 9%, respectively.dashboard-us-2026-01
