Stock Market Today: Dow, S&P Live Updates for February 2 – Bloomberg

The stock market extended this week’s gains as big tech rallied and a solid jobs report bolstered the outlook for corporate profits.

Equities hit all-time highs, with the S&P 500 approaching 5,000 and the Nasdaq 100 up 1.7% on bullish outlooks from Meta Platforms Inc. and Amazon.com Inc. Economic optimism outweighed bets the Federal Reserve will be in no rush to cut rates. Treasury two-year yields jumped 16 basis points to 4.36%. The dollar climbed to its strongest since December.


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