Nasdaq ends off ~0.6%, S&amp;P 500 lower by ~0.3%, Dow gains 0.1%
Utilities leads S&amp;P 500 sector gainers; Comm Svcs weakest group
Dollar, crude, gold dip; bitcoin off &gt;2%
US 10-Year Treasury yield falls to ~4.14% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at
S&amp;P 500, NASDAQ DIP, BUT THE DOW SCORES ITS SEVENTH RECORD CLOSE THIS YEAR The S&amp;P 500 (.SPX) and the Nasdaq (.IXIC) ended lower on Tuesday, while the Dow (.DJI) edged up to score its seventh record close so far this year as investors digested retail sales figures that kicked off a slew of economic datasets due to be released through the week.
U.S. retail sales were unexpectedly unchanged in December, putting consumer spending and the overall economy on a slower growth path heading into the new year. Economists polled by Reuters had expected a 0.4% increase.
The focus now turns to the delayed nonfarm payrolls data on Wednesday, followed by crucial inflation numbers on Friday that could influence expectations for the U.S. Federal Reserve’s monetary policy trajectory.
The headline January nonfarm payroll number is forecast to be 70,000 vs. a prior read of 50,000. The unemployment rate is expected to be unchanged at 4.4%.
In any event, ahead of the payroll data, stocks struggled to hold gains. In the end, a majority of S&amp;P 500 sectors ended lower with Communication Services (.SPLRCL) , down around 0.8%, the weakest group. Utilities (.SPLRCU) , up more than 1.5%, was the top gainer.
Under the surface, gold/silver stocks (.XAU) rallied, while big banks (.SPXBK) , regional banks (.KRX) , and biotech (.NBI) were among weaker groups.
Among other indexes that scored a record close on the day were the S&amp;P Small Cap 600 Index (.SPCY) , S&amp;P 500 Industrials (.SPLRCI) , S&amp;P 500 Materials (.SPLRCM) , and the S&amp;P 500 Equal Weight Index (.SPXEW) . Meanwhile, the U.S. 10-Year Treasury yield (US10YT=RR) , which is falling to around 4.14%, a four-week low.
Here is a snapshot of where markets stood just shortly after 4 p.m. ET:
(Terence Gabriel)
<h3>EARLIER ON LIVE MARKETS: JPMORGAN SEES OPPORTUNITY IN HIGH-QUALITY SOFTWARE COMPANIES CLICK HERE</h3>
<h3>MARKET MEASURE SUGGESTS CPI WILL COME IN BELOW FORECASTS COLD FRONT ECONOMICS: RETAIL SALES, EMPLOYMENT COSTS, IMPORT PRICES, NFIB CLICK HERE US STOCKS CLAW HIGHER, AWAIT MORE DATA CLICK HERE THE AI VERSUS SOFTWARE DEBATE IS “FLAWED” AND “ILLOGICAL,” SAYS HSBC CLICK HERE IN THE WAKE OF THE TECH WRECK, NASDAQ COMPOSITE TRIES TO RIGHT THE SHIP CLICK HERE BOFA FLAGS ASSETS SHOWING “BUBBLE-LIKE” PRICE ACTION CLICK HERE A SOFTWARE ‘SHOPPING LIST’ FOR PATIENT INVESTORS CLICK HERE KERING SHINES, INSURANCE DRAGS, CHEMICALS BOUNCE CLICK HERE BEFORE THE BELL: EUROPEAN FUTURES STEADY, EARNINGS DOMINATE CLICK HERE TRUMP ADMINISTRATION PREPARES TO GUT CLIMATE LAWS CLICK HERE</h3>
Close02102026
<img src="https://imageproxy.pbkrs.com/https://fingfx.thomsonreuters.com/gfx/buzz/zdvxjmgkjvx/Closer02102026.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="576" height="699" original-src="https://imageproxy.pbkrs.com/https://fingfx.thomsonreuters.com/gfx/buzz/zdvxjmgkjvx/Closer02102026.png"/>
(Terence Gabriel is a Reuters market analyst. The views expressed are his own)

The S&P 500 and Nasdaq dipped by approximately 0.3% and 0.6% respectively, while the Dow achieved its seventh record close this year, gaining 0.1%. Utilities led the S&P 500 sector gainers, while Communication Services was the weakest. U.S. retail sales remained unchanged in December, indicating slower economic growth. Investors are awaiting key economic data, including nonfarm payrolls and inflation numbers, which may impact the Federal Reserve's monetary policy. The U.S. 10-Year Treasury yield fell to around 4.14%.

- The S&P 500 and Nasdaq closed lower, while the Dow marked its seventh record close this year, following stagnant U.S. retail sales in December.  
- Investors await delayed nonfarm payroll data and inflation reports that may impact Federal Reserve monetary policy expectations.  
- Most S&P 500 sectors declined, with utilities gaining and communication services suffering the largest losses, alongside a drop in gold, crude, and the dollar.

Reuters

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LIVE MARKETS-S&P 500, Nasdaq dip, but the Dow scores its seventh record close this year