US Stock Market Today: Wall Street’s main indexes opened lower on Monday, Feb. 2, after a violent selloff in precious metals unsettled investors at the start of a week packed with corporate earnings and major economic data. The Dow Jones Industrial Average pulled back 143 points, or 0.3%. Bitcoin dropped below $80,000 for the first time since April, a sign investors were taking more risk off the table following Friday’s sharp declines in gold and silver.
Wall Street also turned its attention to Nvidia as questions over the artificial intelligence loomed. According to the Wall Street Journal, Nvidia’s plans to pour $100 billion into OpenAI had stalled, with chipmaker execs expressing doubt about the deal. Nvidia shares were down more than 2%. On Monday, Disney reported earnings that beat analyst expectations. However, the stock still fell 8%.
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