Stock Market Update Friday February 13, 2026
The session opened on a constructive note after a softer-than-expected CPI print provided a catalyst for a relief bounce following yesterday’s sharp drawdown. Early price action suggested the market might stabilize and build on the rebound. However, as has been the pattern recently, sellers faded the strength into the close, driving equities back into negative territory by the bell. The S&P 500 now sits roughly 1.4% lower on the week. The tape continues to reflect a “sell-the-rally” dynamic rather than sustained accumulation.
From a sector perspective, this week was defined by the ongoing de-risking in software, with persistent distribution pressure weighing on broader growth leadership. At times, weakness spilled over into adjacent technology groups, limiting upside traction even as other sectors attempted to provide rotational support.
Scoreboard
S&P 500: +0.05% to 6,836.17
Nasdaq 100: +0.18% to 24,732.73
Russell 2000: +1.18% to 2,646.70
Gold: +2.0% to 5,049
10-Year Treasury Yield: -5 bps to 4.05%
Oil (WTI): -0.4% to 62.61
In fixed income, Treasurys extended the prior session’s rally, this time in a bull steepening configuration. The 2-year yield declined 7 basis points to 3.40%, while the 30-year fell 3 basis points to 4.69%. WTI crude remained below $63 per barrel, gold rebounded 2% to $5,013 per ounce, bitcoin advanced to $69,000, and the VIX held just under 21, signaling elevated but contained volatility expectations.
