Dow Jumps Over 200 Points; Uber Shares Fall After Q4 Results

by | Feb 4, 2026 | General

U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 200 points on Wednesday.

Following the market opening Wednesday, the Dow traded up 0.44% to 49,459.82 while the NASDAQ dipped 0.74% to 23,082.23. The S&P 500 also fell, dropping, 0.16% to 6,906.91.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Materials shares gained by 1.9% on Wednesday.

In trading on Wednesday, communication services stocks fell by 1%.

Top Headline

Uber Technologies, Inc. (NYSE:UBER) stock fell more than 5% on Wednesday after the company reported its fiscal fourth-quarter 2025 results.

The company reported a 20% year-over-year (Y/Y) revenue growth to $14.37 billion, surpassing the analyst consensus estimate of $14.32 billion. Uber reported adjusted EPS of 71 cents, which missed the analyst consensus estimate of 80 cents.

Equities Trading UP
           

  • Elong Power Holding Limited (NASDAQ:ELPW) shares shot up 78% to $1.6000. Elong Power Holding announced closing of $7.6 million public offering.
  • Shares of Boxlight Corporation (NASDAQ:BOXL) got a boost, surging 67% to $2.1550 after rising 3% on Tuesday.
  • Phoenix Asia Holdings Limited (NASDAQ:PHOE) shares were also up, gaining 72% to $27.79.

Equities Trading DOWN

  • UTime Limited (NASDAQ:WTO) shares dropped 32% to $0.7502 after jumping 83% on Tuesday.
  • Shares of DSS, Inc. (NYSE:DSS) were down 24% to $0.9899 after the company announced pricing of $1.0 million underwritten public offering.
  • Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) was down, falling 25% to $0.1588 after the company announced a 1-for-25 reverse stock split.

Commodities

In commodity news, oil traded up 0.6% to $63.56 while gold traded up 1.4% at $5,004.40.

Silver traded up 7.3% to $89.350 on Wednesday, while copper fell 1.7% to $5.9820.

Euro zone

European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.5%, while Spain’s IBEX 35 Index rose 0.4%. London’s FTSE 100 gained 1.4%, Germany’s DAX slipped 0.3% and France’s CAC 40 gained 1.3% during the session.

Asia Pacific Markets

Asian markets closed higher on Wednesday, with Japan’s Nikkei surging 0.78%, Hong Kong’s Hang Seng Index gaining 0.05%, China’s Shanghai Composite rising 0.85% and India’s BSE Sensex gaining 0.09%.

Economics

  • The ISM Services PMI for the US came in at 53.8 in January, unchanged from the revised reading of 53.8 in December and compared to market estimates of 53.5.
  • The S&P Global composite PMI climbed to 53.0 in January from the preliminary level of 52.8 and up from December’s reading of 52.7.

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