TSX:DAY News 4 December 2025

February 5, 2026, 10:20 AM EST. Wall Street slipped with the S&P 500 down 0.8%, marking its sixth loss in seven sessions despite Alphabet's strong profit report. The parent of Google tumbled 5.4% as investors braced for its soaring $180 billion artificial intelligence investment, far surpassing expectations. Treasury yields fell amid signs of rising layoffs, with jobless claims climbing more than anticipated and January job cuts hitting a 14-year peak, raising concerns of a slowing U.S. job market. This spurred speculation that the Federal Reserve might ease interest rates despite inflation risks. Commodities saw sharp declines: silver plummeted 12.1% after recent volatility, while gold dropped 1.9%, reacting to dramatic price swings over the past year.