CNBC Business News Update Market Midday: Stocks Mixed, The Dow Hit A Fresh Intraday High, Americans Love Sports Gambling 2/9/26
Feb 9, 2026
Contessa Brewer, television journalist and CNBC correspondent, breaks down the Super Bowl gambling surge. She describes huge parlays and surprising high-stakes wagers. She calls out odd coin-toss bets and how sportsbooks benefit. The segment also touches briefly on market movement and a fresh intraday Dow high.
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Market Mixed As Dow Sets Intraday High
- The Dow hit a fresh intraday record while broader markets stayed mixed and tech outperformed today.
- NVIDIA and Oracle led gains as the S&P and Nasdaq climbed despite Merck dragging the Dow down.
Big Super Bowl Bets And Parlay Vulnerability
- Contessa Brewer described extreme Super Bowl wagers, including huge bets on the coin toss and parlays that often fail.
- She highlighted a $253,000 bet on heads and the parlays' vulnerability to low-scoring games and odd totals like 666 total yards.
Low-Scoring Games Fuel Sportsbook Profits
- Low total yards (666) in the game destroyed many customers' parlays and favored sportsbooks.
- Contessa emphasized how under-700-yard games are highly profitable for bookmakers because parlays fail.