
Wall Street Breakfast Cautious start for Wall Street
15 snips
Feb 2, 2026 Futures point to a down day as major indexes open cautiously. Oil tumbles over 5% amid talk of Iran de‑escalation. Bitcoin sees a volatile drop with large liquidations and crypto stocks under pressure. Headlines include corporate denials, leadership moves, and premarket stock movers.
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Cautious Market Tone At February Open
- U.S. stock futures point to another down session with NASDAQ futures leading declines.
- Julie Morgan highlights early February market caution driven by falling futures and metal price swings.
Precious Metals Face Sharp Volatility
- Spot gold plunged after a near-10% crash on Friday and continues lower into Monday.
- Julie Morgan notes silver also fell, signaling elevated precious-metal volatility for investors.
Brief Partial Government Shutdown Likely
- A partial federal government shutdown began despite the Senate passing a package, but is expected to be brief.
- Julie Morgan cites House Speaker Mike Johnson's confidence the shutdown will end by Tuesday once the House returns.
