Traders work at the Nasdaq on Feb. 4th, 2026.<\/p>\n
Adam Jeffery | CNBC<\/p>\n
Stock futures retreated Thursday night as Amazon<\/a> shares tumbled following earnings and investors hedged bets following a broad market sell-off.<\/p>\n Dow Jones Industrial Average futures<\/a> lost 168 points, or 0.3%. S&P 500 futures<\/a> lost 0.6%, while Nasdaq 100 futures<\/a> sank 1.1%.<\/p>\n Amazon shares sank 11% after the ecommerce giant posted earnings per share slightly under analyst expectations<\/a> and told investors to expect $200 billion<\/a> in capital expenditures this year. On the other hand, Reddit<\/a> popped more than 3% after the social media platform announced an earnings beat<\/a>, strong guidance and a stock buyback program.<\/p>\n Thursday night’s action followed a rough day<\/a> on Wall Street, with the market once again bogged down by technology stocks. The tech-heavy Nasdaq Composite<\/a> sank roughly 1.6%, hampered in particular by Qualcomm<\/a>‘s 8.5% post-earnings drop<\/a>.<\/p>\n Software stocks continued sliding, with the iShares Expanded Tech-Software Sector ETF (IGV)<\/a> losing another 5%. The software sector fund has dropped more than 11% this week, on track for its biggest weekly decline since 2008 amid mounting concerns<\/a> over the threat artificial intelligence poses to the sector.<\/p>\n The Dow<\/a> and S&P 500<\/a> each shed 1.2% in Thursday’s session, bringing the latter into the red for 2026 alongside the Nasdaq. The Dow is sitting around flat for the week, while the S&P 500 and Nasdaq have slid roughly 2% and 4% respectively. The Nasdaq is on track for its worst week the tariff-induced market rout seen in early April.<\/p>\n “There’s been a little bit of nerves,” FarrCrest Capital Chair Michael Farr said on CNBC’s “Closing Bell: Overtime.”<\/a> “People are really on tenterhooks saying: When is it going to crack? When are they going to go down? How long can this keep up?”<\/p>\n The stock market slid alongside other asset classes, signaling a broader risk-off sentiment among traders. Bitcoin<\/a> fell 16% overnight, briefly sinking <\/a>below $61,000. The sell-off on silver<\/a> \u2014 a volatile trade that’s gained popular among retail investors recently \u2014 resumed on Thursday.<\/p>\n Investors will be watching for Under Armour<\/a> earnings expected before the bell Friday. The closely watched nonfarm payroll report previously expected for Friday will instead come out next week due<\/a> to the now-resolved federal government shutdown, according to the Bureau of Labor Statistics.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work at the Nasdaq on Feb. 4th, 2026. Adam Jeffery | CNBC Stock futures retreated Thursday night…\n","protected":false},"author":3,"featured_media":569652,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[6],"tags":[3453,8186,133,64,81,91320,144,239877,135,91322,143,64341,11736,91321,145,134,78103,67,132,68],"class_list":["post-569651","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-amazon-com-inc","tag-bitcoin-usd-coin-metrics","tag-breaking-news-markets","tag-business","tag-business-news","tag-dow-jones-fut-sep25","tag-dow-jones-industrial-average","tag-ishares-north-american-tech-software-etf","tag-markets","tag-nasdaq-100-fut-sep25","tag-nasdaq-composite","tag-qualcomm-inc","tag-reddit-inc","tag-sp-500-fut-sep25","tag-sp-500-index","tag-stock-markets","tag-under-armour-inc","tag-united-states","tag-unitedstates","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116021739217901892","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/569651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=569651"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/569651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/569652"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=569651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=569651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=569651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}