Market Report - US

US open: Major indices sink as tech earnings disappoint, crypto slide deepens

By Iain Gilbert

Date: Thursday 05 Feb 2026

(Sharecast News) - Major indices were firmly in the red early on Thursday as Alphabet and Qualcomm both traded lower following their quarterly earnings reports and cryptocurrency losses accelerated.
As of 1525 GMT, the Dow Jones Industrial Average was down 0.99% at 49,010.43, while the S&P 500 shed 1.38% to 6,788.03,...

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