U.S. Stocks Rise as Gold, Silver and Bitcoin Stabilize

Nasdaq composite gains 0.9% as chip companies and Kroger lead the way

Published on Feb. 9, 2026

Got story updates? Submit your updates here. ›

U.S. stocks ticked up on Monday, with the S&P 500 rising 0.5% and the Nasdaq composite gaining 0.9%. The gains followed a strong rally in Asian markets, including a 3.9% jump in Japan's Nikkei 225 index. On Wall Street, chip companies like Nvidia and Broadcom were among the top performers, while Kroger climbed after naming a new CEO. Other assets like gold, silver and Bitcoin also showed signs of stabilizing after recent volatility.

Why it matters

The U.S. stock market remains close to record highs, but concerns persist about whether stocks have become overvalued and whether the massive investments in AI technology by tech companies will pay off. The performance of the market and other assets like precious metals and cryptocurrencies are closely watched as indicators of broader economic health and investor sentiment.

The details

The S&P 500 rose 0.5% and the Nasdaq composite gained 0.9%, with chip companies like Nvidia and Broadcom among the top performers. Kroger also climbed 3.9% after naming a former Walmart executive as its new CEO. Meanwhile, Hims & Hers fell 16% after Novo Nordisk filed a lawsuit alleging the company is unlawfully selling versions of its weight-loss treatments.

  • The U.S. stock market was coming off its best day since May to close last week.

The players

Nvidia

A semiconductor company that designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units for the mobile computing and automotive market.

Broadcom

A semiconductor company that designs, develops, and supplies a range of semiconductor and infrastructure software products.

Kroger

One of the largest supermarket chains in the United States, operating over 2,700 stores under various banner names.

Hims & Hers

A telehealth company that provides access to various healthcare services and products, including prescription medications, over-the-counter products, and virtual care.

Novo Nordisk

A multinational pharmaceutical company that develops and manufactures medications, primarily for the treatment of diabetes and other chronic conditions.

Got photos? Submit your photos here. ›

What they’re saying

“Big Phama is weaponizing the US judicial system to limit consumer choice”

— Hims & Hers communications team (X)

The takeaway

The relatively modest gains in the U.S. stock market on Monday reflect the ongoing concerns and uncertainty surrounding the market, including whether stocks have become overvalued and whether the massive investments in AI technology by tech companies will pay off. The performance of other assets like precious metals and cryptocurrencies also remains an important indicator of broader economic health and investor sentiment.