US Stock Market Today: S&P 500, Nasdaq Slide as Amazon Earnings Disappoint

On Friday, February 6, 2026, the US stock market slipped sharply as weak earnings from Amazon triggered a broad sell-off in technology shares. The S&P 500 and Nasdaq both opened lower, reflecting growing investor caution. Amazon’s disappointing outlook and heavy spending plans raised fresh concerns about profit growth in a high-interest-rate environment. As a result, major tech stocks faced intense pressure, dragging overall market sentiment down. Traders also reacted to soft labor data and ongoing fears around rising costs tied to artificial intelligence investments.