Stock Market 6 February 2026

Pfizer shares declined over the holiday-shortened week after CFO Dave Denton announced he will step down in August, though the company kept its 2026 forecast unchanged. Investors are watching for leadership changes and ongoing competition from obesity-drug makers. American Airlines stock rose 6.7% for the week, helped by lower fuel prices, with attention on oil prices, analyst targets, and an upcoming airline competition hearing. Social Security will issue its last June payments on June 24, with SSI recipients set for two July payments but none in August. Medallia will transfer from Thoma Bravo to lenders led by Blackstone, Apollo, and FS KKR Capital, erasing Thoma Bravo’s $5 billion equity stake in a major private equity write-off. Nokia’s shares fell about 9% over the week, with its next financial report due July 18. Coeur is set to join the S&P MidCap 400, and its CEO will speak at a J.P. Morgan event. Intel shares rose over 10% before the Juneteenth closure, following President Trump’s statement about Apple working with Intel on U.S. chip design, though details were unconfirmed. Nvidia finished the week up nearly 3%, with chip stocks boosting Nasdaq’s 2.43% gain. Marvell will join the S&P 500, and optical networking stocks gained after a KeyBanc upgrade. ARK Investment bought $52 million of Snowflake after it raised its outlook and announced a $6 billion AWS deal. SpaceX traded at $185, still above its IPO price but down from recent highs, with ETF flows affected by ARK’s buying. AbbVie is close to acquiring Apogee Therapeutics for $10.9 billion. The Energy Select Sector SPDR Fund dropped 6.6% as Brent crude fell sharply, while the Financial Select Sector SPDR rose 0.4% and S&P 500 industrials gained 2.6%.