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flag Wall Street dipped then rebounded Feb. 2, 2026, on gold's drop, hawkish Fed pick, and looming shutdown.

flag Wall Street opened lower on February 2, 2026, as gold and silver plunged, triggering market volatility. flag The Dow, S&P 500, and Nasdaq initially declined, but rebounded midday, with the S&P 500 and Nasdaq turning positive. flag A sharp drop in precious metals, linked to President Trump’s nomination of a hawkish Fed chair, unsettled investors. flag Markets awaited key economic data and earnings from major tech firms. flag Energy stocks fell on easing oil price pressures, while rare earth companies rose on news of a U.S. minerals stockpile. flag Disney dropped despite strong results. flag A partial government shutdown loomed after Congress failed to pass funding legislation.

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