S&P 500, Nasdaq futures edge higher as earnings season intensifies

• Palantir surged 11% on strong Q4 results and guidance, while Teradyne jumped over 20% on better-than-expected forecasts driven by data-center demand; Nvidia fell 3% after reports its OpenAI investment plans had stalled
• Bitcoin dropped to its lowest level since April as risk appetite waned, while precious metals rebounded sharply with spot gold up 5.52% to $4,917.17 per ounce and silver rising 9.5% to $86.83
• A partial US government shutdown has delayed key economic data releases including January employment figures and JOLTS, adding uncertainty as investors assess growth and returns from AI-related capital spending

Market Summary: S&P 500, Nasdaq Futures Edge Higher Amid Earnings Season

Market Performance:

US equity futures showed mixed gains on February 3, 2026, as investors processed corporate earnings and market volatility. S&P 500 futures rose 0.1%, Nasdaq 100 futures gained 0.31%, while Dow futures slipped 0.1%. In Monday's session, the Dow climbed 515 points (+1.05%), S&P 500 rose 0.5%, and Nasdaq Composite added 0.6%.

Key Earnings Movers:

• Palantir Technologies surged 11% after reporting strong Q4 results with upbeat guidance driven by US AI demand
• Teradyne jumped over 20% on better-than-expected Q1 revenue and profit forecasts, citing data-center spending demand
• Nvidia fell 3% after reports that its investment plans in OpenAI had stalled
• Merck declined 1% in premarket trading on cautious 2026 outlook citing patent expirations
• PepsiCo beat quarterly expectations with accelerating revenue growth
• AMD and Pfizer scheduled to report Tuesday; Amazon and Alphabet later this week

Commodities and Crypto:

Bitcoin dropped to its lowest level since April, signaling reduced risk appetite. Precious metals rebounded sharply after recent selloffs: spot gold jumped 5.52% to $4,917.17/ounce, while silver surged 9.5% to $86.83.

Market Context:

Over 100 S&P 500 companies report earnings this week. A partial US government shutdown has delayed key economic data, including January employment figures and JOLTS releases, adding macro uncertainty. Investors continue evaluating returns on AI-related capital expenditures amid mixed sector performance.