
US Stock Market Today LIVE: The benchmark US stock market indices, Dow Jones and the S&P 500, opened higher, while the Nasdaq Composite lost at the opening bell on Wednesday, 4 February 2026, as investors remained cautious over the artificial intelligence (AI) concerns against the long-standing software business models.
At 09:30 a.m. (EDT), the Dow Jones Industrial Average rose 0.40% to 49,439.32 points, the S&P 500 gained 0.04% to 6,920.72 points, while the Nasdaq Composite lost 0.27% to 23,191.63 points, according to the US stock market data.
MarketWatch data showed that although the US stock market indices S&P 500 and Nasdaq opened higher, the Dow dropped at the opening bell on Tuesday, 3 February 2026. The US markets witnessed a major selloff in tech stocks as investors avoided AI bets.
On Tuesday's opening bell, the Dow Jones Industrial Average dropped 0.02% to 49,396.48 points, while the S&P 500 gained 0.15% to 6,986.66 points and the Nasdaq Composite gained 0.34% to 23,671.15 points.
At the closing bell following the wider market selloff, the Dow Jones Industrial Average closed lower at 49,240.99 points, while the S&P 500 Index closed lower at 6,917.81 points, and the Nasdaq Composite closed at 23,255.19 points, according to the MarketWatch data.
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Ambitions Enterprise Management Co. LLC, Twin Hospitality Group Inc., UTime Ltd, Texxon Holding Ltd, Intapp Inc., Adial Pharmaceuticals Inc., Azenta Inc., BGM Group Ltd, Magic Software Enterprises Ltd, and Mercury Systems Inc. were among the top laggards during Wednesday's US stock market session.
Nasdaq Composite crashed more than 2% to 22,724.74 points as of 12:42 p.m. (IST) on Wednesday, compared to 23,255.19 points at the previous trading close on Wall Street.
Expert said that companies which have legacy software that's old and clunky are a ‘ripe target’ for artificial intelligence (AI) amid investors moving away from tech stock bets.
“If you've got legacy software that's old and clunky, you're a ripe target for AI. We're a bit bearish on software in general, with the whole impetus of AI,” Josh Chastant, Portfolio Manager, public investments at GuideStone Funds, told the news agency Reuters.
Zhongchao Inc., Elong Power Holding Ltd, Boxlight Corp., Silicon Laboratories Inc., 8X8 Inc., Enphase Energy Inc., InnovAge Holding Corp., Park Ha Biological Technology Co. Ltd, Mobix Labs Inc., and Phoenix Asia Holdings Ltd were among the top gainers during Wednesday's trading session.
Nasdaq Composite crashed 1.93% to 22,798.41 points as of 12:27 p.m. (IST) on Wednesday, compared to 23,255.19 points at the previous trading close on Wall Street.
Tesla's stock price dropped more than 3.5% during the intraday trading session on Wednesday, 4 February 2026, after the company's sales in the United Kingdom plunged more than 57% on a year-on-year (YoY) basis in January 2026, reported the news agency Reuters.
Advanced Micro Devices Inc., Boston Scientific Corp., AppLovin Corp., Palantir Technologies Inc., Sandisk Corp., Amphenol Corp., Western Digital Corp., Vistra Corp., Micron Technology Inc., and Comfort Systems USA were among the top laggards during Wednesday's trading session.
HP Inc., Super Micro Computer Inc., MGM Resorts International, Fortive Corp., Eli Lilly & Co., CDW Corp., DaVita Inc., International Paper Co., Zebra Technologies Corp., and LyondellBasell were among the top gainers on Wednesday.
The benchmark S&P 500 index is trading 0.36% lower at 6,893.39 points as of 11:17 a.m. (EDT), compared to 6,917.81 points at the previous US stock market close, according to MarketWatch data.
International Business Machines Corp., Nvidia Corp., Goldman Sachs Group Inc., UnitedHealth Group Inc., Boeing Co., Visa Inc., Amazon, and Salesforce were among the top losers during Wednesday's early trading session on Wall Street.
Amgen Inc., Nike Inc., 3M Co., Sherwin-Williams Co., Walt Disney Co., Merck & Co. Inc., Walt Disney Co., Apple Inc., Honeywell International, Home Depot Inc., Procter & Gamble Co., Caterpillar Inc., Verizon Communications, Chevron Corp, are among other stocks which are the top gainers on Dow Jones today, as per the early trading session on Wednesday.
The Dow Jones Industrial Average recovered to 0.56% to 49,500.91 points after hitting an intraday low of 49,254.80 points during Wednesday's stock market session, compared to 49,240.99 points at the previous close, according to MarketWatch data.
US stock market expert said that there is a rotation of investor interest from growth stocks to value stocks as people diversify their holdings from technology bets to other sectors.
“We're seeing a lot of rotation from growth stocks to value stocks, moving from tech into other sectors, and a lot of dispersion of individual stock results,” Steve Sosnick of Interactive Brokers told the news agency AFP on Wednesday, 4 February 2026.
The benchmark Nasdaq Composite index is trading 0.87% lower at 23,063.85 points as of 10:06 a.m. (EDT), compared to 23,255.19 points at the previous US stock market close, according to MarketWatch data.
The benchmark S&P 500 index is trading 0.38% lower at 6,891.08 points as of 10:04 a.m. (EDT), compared to 6,917.81 points at the previous US stock market close, according to MarketWatch data.
The Dow Jones Industrial Average is trading 1.04% lower at 49,274 points as of 10:01 a.m. (EDT), compared to 49,240.99 points at the previous US stock market close, according to market data.
US stock market indices, Dow Jones and the S&P 500, opened higher, while the Nasdaq Composite lost at the opening bell on Wednesday, 4 February 2026, as investors remained cautious over the artificial intelligence (AI) concerns against the long-standing software business models.
At 09:30 a.m. (EDT), the Dow Jones Industrial Average rose 0.40% to 49,439.32 points, the S&P 500 gained 0.04% to 6,920.72 points, while the Nasdaq Composite lost 0.27% to 23,191.63 points, according to the market data.
The benchmark US stock market indices, Dow Jones and the S&P 500, are set to open higher, while the Nasdaq is expected to fall as investors avoid big bets on software and cloud stocks after a massive selloff on Tuesday's market session.