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AI Anxiety and Metal Mayhem Shake U.S. Markets

U.S. stock futures stumbled as renewed doubts about the sustainability of the artificial‑intelligence boom rippled through financial markets. Tech-heavy benchmarks led the decline, with Nasdaq futures sliding and the S&P 500 also moving lower as investors reassessed whether AI-linked valuations have run too far, too fast. The unease wasn’t limited to equities. Precious metals experienced dramatic intraday swings, with gold and silver both whipsawing after a period of rapid gains. Traders pointed to shifting expectations around interest rates and safe‑haven demand as key drivers behind the volatility. The combination of tech-sector skepticism and commodity turbulence has created a tense backdrop for markets. While some investors see the pullback as a healthy reset, others worry it may signal deeper concerns about the durability of the recent rally. Markets now look ahead to upcoming economic data and corporate earnings for clearer direction.

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Your daily horoscope: February 2, 2026

 


IF TODAY IS YOUR BIRTHDAY

You can sense that changes are coming and that means you will be ready for them. While everyone else is running around in a panic this year you will be the picture of calm, making you well placed to take advantage of what occurs.

ARIES (March 21 - April 20):

Something you once believed without question won’t look so cut and dried today and you may have to consider the possibility that you got it seriously wrong. But so what? You are human like everyone else – and it’s really no big deal.

TAURUS (April 21 - May 21):

If someone refuses to give you what you want today you will, of course, be angry about it. But further down the line you may look back and recognize they made that decision for your own good. For now though, let them know you are not amused.

GEMINI (May 22 - June 21):

Make an effort to stand outside yourself and see what effect your choices and your actions have on other people. You probably don’t realize that what you do, and even what you say, causes ripples that spread far and wide – so tread lightly today.

CANCER (June 22 - July 23):

The more friends and family members focus on the bad things that are going on in the world the more you must look for the good things, of which there are plenty. Some events are only good or bad according to the way we choose to interpret them.

LEO (July 24 - Aug. 23):

It would be easy to bring a feud of some kind to an end but until both sides signal that they want to do so it will most likely rumble on. Does it really matter who is right and who is wrong? Not in the greater scheme of things.

VIRGO (Aug. 24 - Sept. 23):

What occurs at the beginning of the week will set the tempo for the next five or six days, so start out with energy and enthusiasm and don’t slow down for even a moment. There is so much you can accomplish now, IF you move fast.

LIBRA (Sept. 24 - Oct. 23):

If you fail at something today it will be of no real consequence – what matters is that you were brave enough to have a go when so many others decided to give it a miss. Whatever your next challenge may be give that your best shot as well.

SCORPIO (Oct. 24 - Nov. 22):

The fact that you have gone out of your way to be nice to someone you live or work with does not mean they will return the favour. Now that you know that you can promise yourself in advance that you won’t get upset about it.

SAGITTARIUS (Nov. 23 - Dec. 21):

A new idea will grab your interest over the next 24 hours and it may quickly become a bit of an obsession. That’s fine but don’t forget that you still have other matters to deal with, matters that may not be as much fun but cannot be ignored.

CAPRICORN (Dec. 22 - Jan. 20):

You have never been allergic to hard work and are not about to change your ways now, but the planets warn there is a danger you could get talked into taking on other people’s chores as well as your own. Don’t be afraid to say “No”.

AQUARIUS (Jan. 21 - Feb. 19):

Whatever challenges come your way over the next 24 hours you have what it takes to deal with them quickly and effectively. Your efforts are likely to be so impressive that important people make note of the fact. Your star is on the rise.

PISCES (Feb. 20 - Mar. 20):

The first offer you receive today will probably be the best one you are going to get no matter how much you push for more. So be sensible and accept that offer and then turn your attention to more fruitful, and enjoyable, pursuits.

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