(Feb 3) : Stocks climbed after solid factory data bolstered optimism about Corporate America while losses in gold and silver moderated after a dramatic rout. The S&P 500 closed near its all-time highs, with economically sensitive sectors leading the way as manufacturing activity expanded the most since 2022. The Institute for Supply Management’s manufacturing index rose to 52.6 from 47.9. “The surprisingly strong ISM Manufacturing survey this morning caused a selloff in Treasuries,” said Mark Streiber at FHN Financial. “The S&P 500 closed January with a modest 1.4% gain, which carries bullish implications for the rest of the year.

Source: The Edge Markets February 02, 2026 22:43 UTC