Silver Surges Over 15%; Pfizer Earnings Top Views

by | Feb 3, 2026 | General

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 1% on Tuesday.

The Dow traded down 0.19% to 49,316.23 while the NASDAQ dipped 1.23% to 23,302.18. The S&P 500 also fell, dropping, 0.62% to 6,933.29.

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Leading and Lagging Sectors

Materials shares gained by 1.8% on Tuesday.

In trading on Tuesday, information technology stocks fell by 1.9%.

Top Headline

On Tuesday, Pfizer Inc. (NYSE:PFE) shared topline data from a mid-stage study for a weight loss drug and reported fourth quarter earnings that beat consensus estimates.

Pfizer released data from the Phase 2b VESPER-3 study of monthly maintenance dosing of PF’3944 (MET-097i) in adults with obesity or overweight without type 2 diabetes.

Pfizer reported fourth-quarter 2025 adjusted earnings of 66 cents, compared to 63 cents a year ago, beating the consensus of 57 cents. Fourth-quarter sales fell 1% year over year to $17.56 billion, beating the consensus of $16.96 billion. The revenue reflected an operational decline of 3%.

Equities Trading UP
           

  • Woodward, Inc. (NASDAQ:WWD) shares shot up 15% to $376.58 after the company reported better-than-expected first-quarter financial results and raised its FY26 guidance above estimates.
  • Shares of Fatpipe Inc (NASDAQ:FATN) got a boost, surging 52% to $2.80 after the company reported a year-over-year increase in third-quarter financial results.
  • Davita Inc (NYSE:DVA) shares were also up, gaining 24% to $137.62 as the company reported better-than-expected fourth-quarter financial results and issued FY26 adjusted EPS guidance above estimates.

Equities Trading DOWN

  • Massimo Group (NASDAQ:MAMO) shares dropped 58% to $1.32 after the company outlined a potential technology acquisition. The company said it signed a non-binding letter of intent to acquire FST Development Company Limited, a technology firm focused on AI-powered hardware systems.
  • Shares of Fubotv Inc (NYSE:FUBO) were down 26% to $1.68 after the company reported fourth-quarter financial results and announced a reverse stock split.
  • Gartner Inc (NYSE:IT) was down, falling 26% to $150.59 after the company issued fourth-quarter financial results and issued FY26 guidance

Commodities

In commodity news, oil traded up 1.2% to $62.90 while gold traded up 7.8% at $5,015.90.

Silver traded up 15.3% to $88.82 on Tuesday, while copper rose 4.4% to $6.0815.

Euro zone

European shares were lower today. The eurozone’s STOXX 600 fell 0.12%, while Spain’s IBEX 35 Index fell 0.06%. London’s FTSE 100 dipped 0.70%, Germany’s DAX slipped 0.10% and France’s CAC 40 fell 0.30% during the session.

Asia Pacific Markets

Asian markets closed higher on Tuesday, with Japan’s Nikkei surging 3.92%, Hong Kong’s Hang Seng Index gaining 0.22%, China’s Shanghai Composite rising 1.29% and India’s BSE Sensex gaining 2.54%.

Economics

The Logistics Manager’s Index surged to 59.6 in January, recording the highest level in seven months, and compared to 54.2 in December.

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