By Investing.com
Publication Date: 2026-02-08 08:43:00
- U.S. jobs report, CPI inflation data, retail sales, and more earnings will be in focus this week.
- Cisco is projected to deliver strong earnings and solid guidance, making it a high-probability winner this week.
- Moderna’s shrinking revenue, expected losses position it for potential downside this week.
Stocks on Wall Street rallied on Friday to record their strongest gain in months, as the closed above the historic 50,000 mark for the first time ever.
Friday’s advance followed three straight days of losses marked by worries about artificial intelligence, with several software companies hit especially hard amid concerns that AI could create more competition.
Source: Investing.com
For the week, the benchmark and tech-heavy Nasdaq Composite lost 0.1% and 1.8% respectively, while the 30-stock Dow rose 2.5%, and the small cap jumped 1.8%.
More volatility could be in store in the coming days as investors assess the outlook for the economy, inflation, interest rates and…
