Stocks, metals and Bitcoin slide

Melisa R. H. Posted On February 5, 2026

There was red across trading screens on Thursday as concerns over software stocks, AI overspending and a new, weak U.S. jobs report pressured markets. The S&P closed -1.23%, the Nasdaq -1.59%, the Dow -1.2% and the TSX -1.84% or down nearly 600 points. Gold sank 3.2% to US$4,805, silver crashed 17.25% to US$72.85 and Bitcoin cratered by 12.5% or over US$9,000 to US $63,525.

Major movers: Amazon -4.42%, Palantir -6.83%, Microsoft -4.95%, Estee Lauder -19.19%, Coinbase -13.34%, Celestica 6.48%, Bitfarms -16.19%, Torex Gold -12.29%, Endeavour Silver -11.94% and Discovery Silver -11.61%. WTI slipped nearly 3% to US$63.25. THE U.S. 10-year yield inched down to 4.186%.

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -12.5%

📦 Amazon.com, Inc. (AMZN-Q) -4.42%

💾 Palantir Technologies (PLTR-Q) -6.83%

Ⓜ Microsoft Corp (MSFT-Q) -4.95%

💄 Estee Lauder (EL-N) -19.19%

🏛 Coinbase Global (COIN-Q) -13.34%

🧬 Celestica Inc (CLS-T) +6.48%

💾 Bitfarms LTD (BITF-Q) -16.19%

🥇 Torex Gold Resources (TXG-T) -12.29%

🥈 Endeavour Silver Corp. (EDR-T) -11.94%

🥈 Discovery Silver (DSV-T) -11.61%