US stocks open in the red: Dow down over 100 points, Nasdaq slips 0.4%

• The Dow's historic Friday rally of roughly 1,200 points (2.5%) marked its first close above 50,000, following a sharp technology-driven selloff earlier in the week
• Wednesday's delayed January nonfarm payrolls report is expected to show just 55,000 jobs added, significantly weaker than normal, with economists anticipating downward revisions to prior year data
• Friday's consumer price index for January is forecast at 2.5% annually, while corporate earnings from Coca-Cola and Ford Motor on Tuesday could influence sector rotation away from technology stocks

Market Summary: US Stocks Open Lower Amid Economic Data Anticipation

Market Performance:

US equities opened in negative territory on Monday, February 9, 2026, with investors exercising caution ahead of key economic releases and earnings reports. The Dow Jones Industrial Average fell 128 points (-0.2%), the S&P 500 declined 0.2%, and the Nasdaq Composite dropped 0.4%, with technology stocks facing renewed pressure.

Recent Market Context:

Monday's losses followed a strong Friday rebound when the Dow surged approximately 1,200 points (+2.5%), closing above the historic 50,000 level for the first time. The S&P 500 and Nasdaq both gained over 2% during Friday's session, recovering from earlier weekly losses driven by technology sector weakness. Bitcoin also stabilized, rebounding above $70,000 after dropping below $61,000.

Key Economic Events Ahead:

• Wednesday: Delayed January nonfarm payrolls report from the Bureau of Labor Statistics (originally scheduled for last Friday due to government shutdown). Economists forecast 55,000 new positions versus ADP's disappointing 22,000 private-sector additions.
• Annual benchmark revision to payroll figures expected to show downward revision through March 2025, potentially altering labor market strength perceptions.
• Friday: January Consumer Price Index report, with consensus estimates projecting 2.5% annual inflation rate.
• Federal Reserve officials, including Christopher Waller and Stephen Miran, scheduled to speak, providing monetary policy insights.

Corporate Earnings:

Coca-Cola and Ford Motor set to report Tuesday, offering indicators on consumer demand and industrial conditions amid ongoing sector rotation away from high-growth technology stocks.

Market Implications:

The delayed economic data releases and potential downward jobs revisions could significantly influence Fed policy expectations and market direction, particularly affecting rate-sensitive technology stocks.