We're seeing a lot of software companies across the spectrum get hit,” said Art Hogan, chief market strategist at B. Riley Wealth. The S&P 500 software and services index fell 3.8%, down for a fifth consecutive day. The S&P 500 declined 0.84% to end the session at 6,917.81 points. With Tuesday's losses, the S&P 500 is up about 1% in 2026 and the Nasdaq is flat. The S&P 500 posted 81 new highs and 28 new lows; the Nasdaq recorded 202 new highs and 311 new lows.

Source: The Star February 03, 2026 23:08 UTC