Refile: LIVE MARKETS-Wall Street recoups some losses with strength in tech, materials

Steel Dynamics

02/09/2026 21:34

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US indexes advance with Dow leading gains 
Materials lead S&P 500 sectors: real estate lags most
Dollar edges down; US crude settles up 0.9%; gold up >1%, bitcoin edges down
US 10-year Treasury yields fall to ~4.78%
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WALL STREET RECOUPS SOME LOSSES WITH STRENGTH IN TECH, MATERIALS 
Wall Street's three major indexes closed higher on Wednesday after falling for the last three sessions with technology providing the biggest boost after Dell DELL.N reported strong quarterly results and raised its financial outlook.  
Among the S&P 500's 11 major industry sectors the only loser was real estate .SPLRCR, which ended down 0.8%. The biggest gainer was materials .SPLRCM, which added 1.5%. The materials stocks with the biggest advance were steel companies, with Steel Dynamics STLD.O adding 5.8% and Nucor NUE.N rising 4.8% after U.S. President Donald Trump said in a social media post that tariffs on all Canadian cars, trucks, automotive parts and steel would be increased to 50% starting January 1.
Among individual stocks, the benchmark index's biggest boosts came from Nvidia NVDA.O, up 3%, Meta Platforms META.O, up 2.5%, Micron Technology MU.O, up 2.4%, and Dell, which finished up 15.8%.
Its biggest drags were from software companies with Microsoft MSFT.O, down just 0.8% but weighing most in terms of index points. Palo Alto Networks PANW.O was the second biggest drag, falling more than 9% even though it beat quarterly earnings estimates. 
With that, the S&P 500 software index .SPLRCIS ended down 1.7% in its third straight day of declines. 
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(Sinéad Carew)
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Wall Street indexes are muted https://fingfx.thomsonreuters.com/gfx/mkt/zjpqgxwlqpx/Pasted%20image%201788357375085.png
Wall Street indexes rise https://fingfx.thomsonreuters.com/gfx/mkt/dwpknozjyvm/Pasted%20image%201788380738631.png