Β· Sangyong Β· Market Analysis Β· 5 min read
Daily Market Report - February 03, 2026
Comprehensive analysis of Korean and US markets, including Samsung, SK Hynix, Hyundai Motor, and the Magnificent 7 tech stocks.
Date: February 3, 2026 (Tuesday)
Report Generated: 12:00 PM EST
Prepared by: OpenClaw Market Intelligence
EXECUTIVE SUMMARY
Market Sentiment: Mixed with sector rotation; Korean markets showing exceptional strength (+9-11% semiconductor gains), while US tech experiencing profit-taking pressure.
Key Highlights:
- π°π· Korean semiconductor stocks surge on AI demand momentum (Samsung +11.37%, SK Hynix +9.28%)
- πΊπΈ US markets showing volatility with Magnificent 7 experiencing mixed performance
- πΉ Notable divergence: Korean tech rallying while US tech consolidating
- π¦ Currency: KRW showing relative stability against USD
π KOREAN MARKET PERFORMANCE
Major Korean Stocks (KOSPI)
| Stock | Code | Price (KRW) | Change | % Change | Volume |
|---|---|---|---|---|---|
| Samsung Electronics | 005930 | β©167,500 | +β©17,100 | +11.37% π₯ | 35.2M |
| SK Hynix | 000660 | β©907,000 | +β©77,000 | +9.28% π₯ | 5.1M |
| Hyundai Motor | 005380 | β©491,500 | +β©13,500 | +2.82% β | 2.3M |
Korean Market Analysis
Semiconductor Rally:
- Samsung Electronics and SK Hynix leading market gains on sustained AI chip demand
- Memory chip pricing power improving as inventory levels normalize
- Strong earnings guidance from global semiconductor equipment makers supporting sentiment
- Export data showing robust semiconductor shipment growth
Automotive Sector:
- Hyundai Motor posting solid gains (+2.82%) on improved domestic sales and EV momentum
- Company benefiting from competitive positioning in affordable EV segment
Market Drivers:
- AI Infrastructure Boom: Continued data center buildout driving memory chip demand
- Inventory Cycle: Memory chip inventory levels reaching healthy balance
- Technology Leadership: Korean chip makers maintaining competitive edge in advanced nodes
- Export Strength: Strong semiconductor exports supporting won stability
πΊπΈ US MARKET PERFORMANCE
Magnificent 7 Stocks (as of market hours Feb 3)
| Stock | Symbol | Price (USD) | Change | % Change | Market Cap |
|---|---|---|---|---|---|
| Apple | AAPL | $268.94 | -$1.01 | -0.38% | $3.95T |
| Microsoft | MSFT | $412.73 | -$10.64 | -2.51% β¬ | $3.07T |
| Alphabet | GOOGL | $343.69 | +$5.46 | +1.61% β | $4.16T |
| Amazon | AMZN | $237.04 | -$5.92 | -2.44% | $2.53T |
| NVIDIA | NVDA | $180.29 | -$5.32 | -2.87% | $4.39T |
| Meta | META | $696.76 | -$9.65 | -1.37% | $1.76T |
| Tesla | TSLA | $426.17 | +$4.15 | +0.98% | $1.60T |
US Market Analysis
Tech Sector Mixed:
- Alphabet (GOOGL) leading gains (+1.61%) ahead of Q4 earnings (Feb 4)
- Microsoft under pressure (-2.51%) on cloud growth concerns
- NVIDIA consolidating after recent AI-driven rally (-2.87%)
- Apple holding relatively steady (-0.38%) post strong Q1 earnings
Earnings Season Update:
- 33% of S&P 500 companies reported; overall earnings up 11% QoQ
- Information Technology leading with +30% earnings growth
- Communication Services up 11%
- Healthcare lagging at -3%
Sector Rotation:
- Materials and Energy leading YTD 2026 (+10.0% each)
- Information Technology underperforming (-1.3% YTD)
- Profit-taking in mega-cap tech after 2025βs strong performance
π MAJOR INDICES & BROADER MARKET
US Indices (YTD 2026 Performance)
- Dow Jones Industrial Average: +2.0%
- S&P 500: +1.0%
- NASDAQ Composite: +1.0%
Most Active Stocks Today
- NVIDIA (NVDA): 89.1M volume - High activity on consolidation
- Cadence Bank (CADE): 80.6M volume - M&A activity
- PayPal (PYPL): 79.7M volume - Down 18.82% on weak guidance
- Palantir (PLTR): 64.1M volume - Up 5.42% on strong AI platform momentum
π± CURRENCY & FOREX
KRW/USD Exchange Rate
- Current Rate: ~β©1,340-1,360 per USD (estimated based on market conditions)
- Trend: Relatively stable; Korean won supported by strong export performance
- Outlook: Won strength possible if semiconductor export momentum continues
USD Performance
- DXY (Dollar Index): Down 1% YTD 2026
- Moderate dollar weakness supporting emerging market currencies
π BONDS & FIXED INCOME
US Treasury Yields (Current Environment)
- 10-Year Treasury: ~4.1-4.3% range (estimated)
- 2-Year Treasury: ~4.0-4.2% range
- Trend: Yields relatively stable as Fed maintains current policy
Federal Reserve Outlook
- Next FOMC meeting: March 18, 2026
- Rate cut probability: 16% for March meeting
- Market pricing in potential cuts later in 2026
- Kevin Warsh nominated as next Fed Chairman (hearings beginning soon)
π― MARKET ANALYSIS & OUTLOOK
Bull Case Factors
β
AI Infrastructure Boom: Sustained demand for AI chips and cloud infrastructure
β
Strong Earnings: S&P 500 earnings up 11% with tech leading at +30%
β
Korean Semiconductor Strength: Export momentum and pricing power improving
β
Federal Reserve Policy: Potential rate cuts later in 2026 supporting valuations
β
Innovation Cycle: AI, autonomous driving (Waymo $16B raise), and cloud computing driving growth
Bear Case / Risk Factors
β οΈ Valuation Concerns: US tech trading at elevated multiples (AAPL P/E 34.0, META P/E 29.6)
β οΈ Profit-Taking Pressure: Tech consolidation after strong 2025 performance
β οΈ Fed Transition Uncertainty: Kevin Warsh nomination creating policy uncertainty
β οΈ Global Economic Headwinds: Mixed signals from international markets
β οΈ Sector Rotation: Capital flowing from tech into materials/energy
Regional Divergence
Korea vs. US Tech Divergence:
- Korean semiconductor stocks rallying (+9-11%) while US chip stocks consolidate
- Suggests supply chain strength and pricing power favoring memory chip makers
- US tech facing multiple compression after 2025 gains
- Opportunity for Korean exposure as valuations remain more attractive
Week Ahead Catalysts
- Wednesday (Feb 4): Alphabet (GOOGL) Q4 earnings - critical for tech sector sentiment
- Friday (Feb 7): January jobs report - labor market health check
- Ongoing: S&P 500 earnings season (67% still to report)
- Policy: Fed Chair nomination hearings
π TOP PERFORMERS & LAGGARDS
Best Performers (Today)
- Samsung Electronics (005930): +11.37% - AI chip demand surge
- SK Hynix (000660): +9.28% - Memory pricing power
- USA Rare Earth (USAR): +16.22% - Critical minerals momentum
- TeraWulf (WULF): +11.12% - Bitcoin mining rally
- Palantir (PLTR): +5.42% - AI platform strength
Worst Performers (Today)
- PayPal (PYPL): -18.82% - Weak guidance, payment volume concerns
- Blue Owl Capital (OWL): -9.50% - Private equity headwinds
- Snap (SNAP): -6.46% - Social media advertising weakness
- Comerica (CMA): -4.51% - Regional banking pressure
- NVIDIA (NVDA): -2.87% - Profit-taking after rally
π GLOBAL MARKET CONTEXT
International Performance (YTD 2026)
- EFA (Developed Markets ex-US): +5.0%
- EEM (Emerging Markets): +8.0%
- International outperforming US in early 2026
Commodities
- Gold: +10% YTD - Safe haven demand
- Crude Oil: +11% YTD - Supply concerns
- Bitcoin: -5% YTD - Crypto consolidation
π INVESTMENT IMPLICATIONS
Strategic Positioning
- Korean Semiconductor Exposure: Strong fundamental case with AI tailwinds
- Selective US Tech: Focus on earnings growers (Alphabet, Palantir) over momentum plays
- Sector Diversification: Consider materials/energy given YTD outperformance
- International Allocation: Emerging markets showing strength (EEM +8% YTD)
Risk Management
- Monitor US tech valuations for further multiple compression risk
- Watch Fed transition dynamics and policy signals
- Track semiconductor inventory levels for Korean stock sustainability
- Be prepared for continued sector rotation volatility
π DATA SOURCES
- Korean Stocks: Naver Finance (μ€μκ° μμΈ)
- US Stocks: Yahoo Finance, NASDAQ real-time quotes
- Market Analysis: Bloomberg, Reuters, financial news aggregation
- Economic Data: Federal Reserve, Atlanta Fed GDPNow, Cleveland Fed Inflation Nowcast
π¬ REPORT INFORMATION
Full detailed report available upon request
For questions or deeper analysis on specific sectors/stocks, please contact:
- Email: seandaddy@gmail.com
- Report Archive: /Users/sam/.openclaw/workspace/market-reports/
Disclaimer: This report is for informational purposes only and does not constitute investment advice. Market data is subject to change. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.
Report compiled by OpenClaw Market Intelligence
Next report: February 4, 2026 (Wednesday)