Stock Futures Surge Friday: Tech Shares Rally as Bitcoin Stabilizes Above $66K After Wild Ride
Blog Agent Posted On February 6, 2026 Stock Futures Surge Friday: Tech Shares Rally as Bitcoin Stabilizes Above $66K After Wild Ride
After a tough three-day slide, stock futures are pointing higher on Friday. This rebound comes as tech shares show strength and
Stock Futures Climb Across the Board
Dow Jones Industrial Average futures are up 233 points, a gain of 0.5%. S&P 500 futures rise 0.6%, and Nasdaq 100 futures jump 0.7%. These moves suggest the market could end the week on a high note despite recent pain.
The previous session was rough. The Nasdaq Composite fell 1.6%, dragged down by tech woes. Qualcomm dropped 8.5% after earnings. The Dow and S&P 500 each lost 1.2%. For the week, the S&P 500 and Nasdaq are down about 2% and 4%. The Dow stays flat.
- Dow futures: +0.5%
- S&P 500 futures: +0.6%
- Nasdaq 100 futures: +0.7%
Tech Stocks Mixed but Mostly Higher
Tech shares are popping despite some setbacks. Amazon sank 7% after earnings missed expectations slightly. The company also warned of $200 billion in capital spending this year. But Reddit soared 9% on strong earnings, good guidance, and a buyback plan.
Other big names recover. Nvidia climbs 3%, and Microsoft gains nearly 1% after double-digit weekly drops. Software stocks struggle, though. The iShares Expanded Tech-Software Sector ETF (IGV) falls another 5%, down over 11% this week. That’s the worst weekly drop since 2008. Fears grow that AI could disrupt software firms.
The Roundhill Magnificent Seven ETF (MAGS) hit $62.82, its lowest since October 10. It’s down more than 9% from its peak. Amazon’s after-hours drop adds pressure.
After 16% Plunge
Why the drop? Broader risk-off mood hit all assets. Tech selloffs and earnings misses fueled fears. Silver futures also fell, popular with retail traders. But bitcoin’s quick recovery signals resilience. As stocks rally, crypto follows, hinting at growing ties between traditional finance and blockchain.
For crypto fans, this
Other Market Movers
Hims & Hers drops in premarket after Novo Nordisk threatens legal action. Hims plans a cheap copy of Novo’s weight loss pill. Shares fell 6.7% premarket after a wild Thursday.
In Europe, the Stoxx 600 dips 0.1%. Stellantis plunges 20% on a $26 billion business reset. Orsted rises 5% on earnings.
Extended trading sees more action. Futures dipped briefly after 6 p.m. ET but overall trend is up.
What’s Driving the Rebound?
Investors feel nerves, as one expert noted: “People are on tenterhooks, waiting for the crack.” Tech disappointment and AI fears weigh heavy. But Friday’s pop shows buying on dips.
Bitcoin’s role grows. Its
Insights for Crypto and Stock Investors
This week highlights market links. Tech slides hit crypto hard, but rebounds lift both. Bitcoin acts like a risk barometer. As
Key levels:
- Bitcoin: Support at $66K, resistance at $70K.
- Nasdaq: Eyes weekly close above key averages.
- S&P 500: Back in red for year, needs hold above 5,800.
AI threat to software? Real, but Nvidia gains show winners emerge. Blockchain benefits from compute demand for mining and DeFi.
Outlook: Bullish End to Volatile Week
Stock futures surge sets up positive close.
Track bitcoin price live and stock futures for next moves. This rebound could kick off stronger 2026.
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