S&P 500, Nasdaq dip with economic data, earnings in focus

February 11, 2026

Drawing a mixed bag of reactions from Indian investors, the US market outcome presented a dichotomy. The Dow Jones celebrated a new peak, yet the S&P 500 and Nasdaq ended on a down note. Attention turns towards forthcoming labor statistics, as heavy tech spending on artificial intelligence weighs on market psychology.

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Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?

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