The technology market breathed a sigh of relief today, Monday, February 2, 2026, with the main indices on Wall Street recording gains after a week marked by volatility and sharp losses. The movement reflects an attempt to recover in the sector, which has been suffering from the pressure of artificial intelligence costs and the mixed earnings reports from market giants.
The Recovery of the Technology Sector
After last week's plunge — where companies like Microsoft saw their stocks decline due to the high volume of investments (Capex) in AI infrastructure — the market started February on a more optimistic note. The Nasdaq closed the day up 0.56%, while the S&P 500 rose 0.54%.
The main highlights of the day included:
Semiconductor Sector: Chip manufacturers, such as Micron Technology, led the gains after positive comments from analysts about resilient demand.
Economic Data: Numbers from industrial activity in the U.S. (PMI) above expectations brought confidence that the economy still supports the growth necessary for the technology sector.
Earnings Expectations: The market is awaiting a new wave of earnings this week, which generated a "buy the dip" movement after recent corrections.