---
title: "NASDAQ dives -2% as big tech earnings fail to lift sentiments, gold tops $5,500"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274177196.md"
description: "Wall Street's major averages fell on Thursday, with the S&P 500 down 1.2%, the Nasdaq Composite down 2.2%, and the Dow down 0.4%. Despite some big tech companies reporting earnings beats, the results failed to lift market sentiments. Additionally, gold prices surpassed $5,500."
datetime: "2026-01-29T15:59:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274177196.md)
  - [en](https://longbridge.com/en/news/274177196.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274177196.md)
---

# NASDAQ dives -2% as big tech earnings fail to lift sentiments, gold tops $5,500

Wall Street's major averages were lower on Thursday, as traders digested big tech company earnings that did not push indexes higher even as beats were reported. The benchmark S&P 500 (SP500) was last -1.2% in late morning trade, while the Nasdaq Composite (COMP:IND) was -2.2%, and the Dow (DJI) was -0.4%. Meta Platforms (META) gained more than 9% a...

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