U.S. equity markets closed higher on February 10, driven by strong performances in the technology sector, with the Dow Jones Industrial Average reaching another record high. Among the most actively traded stocks, Oracle saw a significant rise of 9.6% following positive analyst coverage.

In other market movements, popular Chinese stocks displayed mixed results. ASE Technology Holding gained 6.01%, while Li Auto declined by 3.27%.

Oil prices increased by over 1% on Monday after the United States advised commercial vessels to avoid Iranian territorial waters, raising supply concerns. Meanwhile, gold prices climbed above $5,000 per ounce, and silver rose nearly 7%.

European markets also advanced, with Novo-Nordisk A/S shares receiving a boost from reduced competitive pressures.

In corporate news, Micron Technology shares fell as Samsung accelerated production of its next-generation AI chips. Alphabet is anticipated to raise $20 billion through a dollar bond issuance due to strong investor demand. OpenAI is nearing a $100 billion financing round, with CEO Sam Altman noting that ChatGPT's monthly growth rate has returned to exceeding 10%.

Microsoft experienced its second ratings downgrade in less than a week, with Melius Research highlighting risks associated with artificial intelligence investments.

A New York Federal Reserve survey indicated that U.S. consumer expectations for inflation and the job market showed slight improvement. Goldman Sachs reported that hedge funds have increased their short positions in U.S. stocks to record levels, with the information technology sector seeing significant selling pressure.

In the bond market, U.S. Treasuries edged higher as investors awaited the pricing of Alphabet's substantial debt offering.