Dow Jones Hits Record Highs: Stocks Mixed, Intel Falls & Rate Cut Outlook Shifts

by Priya Shah – Business Editor

The Dow Jones Industrial Average closed at a record high of 50,188.14 points on Tuesday, February 10, 2026, rising 52.27 points, a gain of 0.1%. The advance contrasted with declines in the Nasdaq Composite and the S&P 500, signaling a mixed performance for U.S. Equities. The Nasdaq fell 136.2 points, or 0.59%, to 23,102.47, while the S&P 500 dropped 23.01 points, or 0.33%, to 6,941.81.

Trading was characterized by sector divergence. Large technology stocks experienced varied fortunes, with Spotify surging over 14% and Oracle gaining over 2%. Conversely, Google and Broadcom each fell by more than 1%, while Intel’s stock price declined by over 6%. Apple and Microsoft saw more modest declines. Tesla and Taiwan Semiconductor Manufacturing (TSMC) both rose by over 1% with TSMC reaching a new all-time high.

The chip sector showed a split performance, with gains for NXP Semiconductors and Microchip Technology exceeding 3% each, and increases of over 1% for TSMC and ARM Holdings. Yet, Intel’s more than 6% drop was accompanied by declines exceeding 2% for Micron Technology and over 1% for Teradyne.

Financial stocks largely moved lower, with JPMorgan Chase, Citigroup, and Bank of America each falling over 1%, and Morgan Stanley dropping more than 2%. However, Goldman Sachs bucked the trend, rising 0.51%, while Wells Fargo fell nearly 3%.

Among Chinese stocks listed on the Nasdaq, the China Golden Dragon Index rose 0.87%. Notable gains included increases of over 6% for Hesai Technology, and over 3% for both Ates Solar and Tencent Music. Alibaba, Ideal Auto, XPeng, Weibo, JD.com, and iQiyi all rose by over 1%. Conversely, Yintech, Huazhu Group, and Shell fell by over 1% each.

European markets also presented a mixed picture on February 10th. The FTSE 100 in London closed down 0.31% at 10,353.84, while the CAC 40 in Paris edged up 0.06% to 8,327.88. The DAX in Frankfurt fell 0.11% to 24,987.85.

Oil prices declined, with West Texas Intermediate (WTI) crude futures falling 40 cents to $63.96 per barrel, a decrease of 0.62%. Brent crude futures fell 24 cents to $68.80 per barrel, down 0.35%. Gold futures decreased 0.58% to $5,049.7 per ounce, while silver futures dropped 1.77% to $80 per ounce.

Robinhood’s fourth-quarter revenue reached $1.28 billion, a 27% increase year-over-year, but net profits fell to $605 million from $916 million in the same period last year. The company’s stock price declined 6% in after-hours trading. Lattice Semiconductor reported fourth-quarter revenue of $145.8 million, exceeding analyst expectations of $143.1 million, and projected first-quarter revenue between $158 million and $172 million, also above estimates. Its stock rose 6% in after-hours trading. Ford Motor Company’s fourth-quarter total revenue was $45.9 billion, down 4.8% year-over-year, with adjusted earnings before interest and taxes of $1.04 billion, a 51% decrease. Adjusted earnings per share were $0.13, compared to $0.39 the previous year. Ford’s stock rose 1% in after-hours trading.

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