It may be a new month, but Wall Street looks familiar. Stocks started February the same way they ended January, moving higher, supported by upbeat economic data and a packed earnings calendar. On Monday: The Dow Jones Industrial Average surged 515 points, or 1.1% The $S&P 500(.SPX)$ gained 0.5% The Nasdaq Composite rose 0.6% After a choppy open, stocks quickly found their footing as investors embraced signs that the U.S. economy may be regaining momentum. Manufacturing Surprise Fuels the Rally The biggest catalyst came from the Institute for Supply Management’s Manufacturing PMI, which jumped to 52.6 in January, up sharply from 47.9 in December. It marked the highest reading since mid-2022 and easily topped economists’ expectations of 48.9. Ea

January felt like much more than just one month on Wall Street, and Friday’s session did little to slow the pace. The Dow Jones Industrial Average fell 179 points, or 0.4%, closing out a volatile end to the month. While the Dow gained 1.7% in January, those gains were heavily front-loaded. The index has now declined for three consecutive weeks, marking its longest weekly losing streak since December 2024, according to Dow Jones Market Data. Still, zooming out paints a different picture: January marked the Dow’s ninth straight monthly gain, its longest winning streak since 2018. January Wrap: Stocks Finish Higher Despite Late Weakness Other major indexes also slipped Friday: The $S&P 500(.SPX)$ fell 0.4% on the day but finished up 1.4% for the

It was another event-packed Thursday on Wall Street, as investors digested a wave of Big Tech earnings, a surprise government spending agreement, and late-breaking comments from Trump hinting at a major shift at the Federal Reserve. Just hours after markets closed, Trump said he would announce his nominee for Fed chair on Friday morning, raising speculation that former Fed Governor Kevin Warsh could be tapped for the role. CNBC Stocks Recover From Early Losses U.S. stocks opened sharply lower Thursday but recovered through the afternoon, aided by easing political uncertainty after the Senate and White House reached a spending agreement, reducing the risk of a government shutdown. By the close: The $S&P 500(.SPX)$ slipped 0.1% The Dow Jones Ind

U.S. stocks ended Wednesday little changed after the Federal Reserve’s first FOMC meeting of 2026, as investors digested Chair Jerome Powell’s comments on interest rates, Fed independence, and leadership succession ahead of major Big Tech earnings. The Dow Jones Industrial Average edged up 12 points, the $S&P 500(.SPX)$ finished essentially flat, and the Nasdaq Composite gained 0.2%, supported by strength in technology stocks ahead of earnings releases after the market close. Fed Pauses After Prior Rate Cuts As widely expected, the Federal Reserve held interest rates steady following its January policy meeting. Powell emphasized that the current stance of monetary policy remains appropriate after a cumulative 75 basis points of rate cuts over

U.S. stocks delivered a mixed performance on Tuesday, with the $S&P 500(.SPX)$ closing at a new record as investors looked past uneven earnings results and positioned ahead of a critical Federal Reserve decision and a wave of Big Tech earnings. The S&P 500 rose 0.4% to 6,978, marking its fifth consecutive gain and a fresh all-time high. The Nasdaq Composite climbed 0.9%, pushing the tech-heavy index close to its own record level. In contrast, the Dow Jones Industrial Average fell 409 points (-0.8%), weighed down heavily by losses in healthcare stocks. Healthcare Drags the Dow Lower The Dow’s decline was largely driven by UnitedHealth Group, which sank after reporting disappointing quarterly earnings. The stock was further pressured by rep

Gold has just delivered one of the fastest and most dramatic rallies in modern market history. After breaking above $4,000 per ounce in October, the precious metal has now surged past $5,000, barely 100 days later, and far ahead of Wall Street expectations. $Gold.com(GOLD)$ $Newmont Mining(NEM)$ $Agnico Eagle Mines(AEM)$ $Kinross(KGC)$ Gold Futures crossed the milestone on Sunday and extended gains into Monday, highlighting the sheer momentum behind this historic move. The Debasement Trade Is in Full Force As governments worldwide accumulate record levels of debt and weaken their currencies in the process, investors are pou

U.S. stocks moved higher on Monday, pushing the $S&P 500(.SPX)$ back within striking distance of the closely watched 7,000 level, as investors shrugged off geopolitical tensions and positioned ahead of a pivotal week for earnings and monetary policy. The S&P 500 rose 0.5% to 6,950, marking its fourth consecutive gain and the fourth-highest close on record. The Dow Jones Industrial Average added 314 points (+0.6%), climbing to 49,412 and approaching its own psychological milestone. The Nasdaq Composite advanced 0.4%, moving within 1.5% of its October closing high. Index Markets Shake Off Political and Tariff Concerns Stocks opened the day under pressure amid renewed worries over tariffs and a potential government shutdown, after Trump threa

U.S. stock markets ended the week mostly in negative territory, as early fourth-quarter earnings failed to offset broader market caution. While large-cap indexes struggled, small-cap stocks stood out, extending a powerful rally that reflects growing confidence in the U.S. economic outlook. The Dow Jones Industrial Average slipped 83 points on Friday and finished the week down 0.3%. The $S&P 500(.SPX)$ and Nasdaq Composite ended the week lower by 0.4% and 0.7%, respectively. In contrast, the Russell 2000 surged 2% for the week, closing at a record high. IWM Small Caps Take the Lead Small Caps The standout theme of the week was the continued rotation into small-cap stocks. Investors have increasingly moved away from expensive large-cap names, fa

U.S. stock markets rebounded on Thursday, snapping a two-day losing streak as investors found renewed confidence in fourth-quarter earnings and relief from easing oil prices. Strong corporate results and upbeat capital spending plans helped offset recent volatility and restored optimism around growth themes, particularly artificial intelligence. The Dow Jones Industrial Average rose 293 points (+0.6%), while the $S&P 500(.SPX)$ and Nasdaq Composite each gained 0.3%. Index Earnings Drive the Market Higher Corporate earnings were the primary catalyst behind Thursday’s rally. $Goldman Sachs(GS)$ delivered results that lifted the Dow, reinforcing confidence in large-cap financials after a volatile start to

U.S. stock markets retreated as the fourth-quarter earnings season got off to a shaky start, led by disappointing results from $JPMorgan Chase(JPM)$ , one of the nation’s largest banks. Even encouraging inflation data failed to lift sentiment, highlighting how sensitive markets remain to corporate earnings at elevated valuation levels. The Dow Jones Industrial Average fell 398 points (-0.8%), while the $S&P 500(.SPX)$ slipped 0.2% and the Nasdaq Composite edged down 0.1%. The Russell 2000, which had recently outperformed, also declined 0.1%, signaling broad-based caution. JPMorgan Earnings Set a Cautious Tone for Q4 JPMorgan kicked off Q4 earnings season, but the bank’s results underwhelmed investors.

U.S. stock markets kicked off the week on a positive note as investors shifted their focus away from political noise surrounding the Federal Reserve and toward the upcoming fourth-quarter earnings season, a potential catalyst that could extend the early 2026 market rally. The Dow Jones Industrial Average and the $S&P 500(.SPX)$ both climbed 0.2%, reaching fresh record highs, while the Nasdaq Composite added 0.3%, led by technology and artificial intelligence-related stocks. Markets Earnings Season Takes Center Stage Markets opened shakily following news of a criminal probe involving Fed Chair Jerome Powell, related to his Senate testimony on the renovation of the Fed’s Washington headquarters. However, sentiment quickly improved as investors l

Wall Street ended the week on a strong note, brushing aside underwhelming job growth and instead leaning into a more optimistic outlook for 2026. Markets rallied broadly, reinforcing the idea that investors increasingly view labor data as a lagging indicator, not a constraint on future growth. U.S. equities posted their best weekly performance since late November, with all major indexes moving higher: Dow Jones Industrial Average: +238 points (+0.5%) $S&P 500(.SPX)$ : +0.6% $NASDAQ(.IXIC)$ : +0.8% The gains came even as the November jobs report missed expectations. The economy added 50,000 nonfarm jobs, below the forecast of 55,000 and capping what has been the weakest year for job growth since 2003

1. The Federal Reserve Is Re‑Expanding Liquidity Since early December, the Federal Reserve has expanded its balance sheet by roughly $105 billion, marking the fastest increase since the regional banking turmoil of 2023. This move aims to ease pressure on bank reserves, which had been tightening significantly. St. Louis Federal Reserve Key points The Fed’s balance sheet had fallen by about 30% since 2022, draining liquidity from the system. Facing renewed stress, the Fed resumed injections to stabilize reserves. It is now purchasing around $40 billion in U.S. Treasuries per month, supporting financial markets. Historically, such liquidity waves tend to boost risk appetite and lift asset prices. Bottom line: the Fed has shifted from tightening to quietly re‑adding liquidity. 2. Private‑Secto

A Market Rotation Takes Hold Early trading in 2026 is sending a clear signal: leadership in the stock market is shifting. While mega-cap technology stocks, the so-called Magnificent 7, are losing momentum, small-cap stocks are off to a powerful start. $Roundhill Magnificent Seven ETF(MAGS)$ : −0.1% in 2026 Russell 2000 (small caps): +5% in 2026 This divergence highlights a notable change in investor preferences after years of large-cap dominance… Why Investors Are Rotating Into Small Caps Several forces are driving this renewed interest in smaller companies: 1. Economic Optimism small-cap stocks tend to benefit most from accelerating economic growth. Investors appear increasingly confident in the resilience of the U.S. economy. 2. Lower Interest R

Markets Near Highs as 2026 Begins U.S. stocks enter the first full week of 2026 just off record highs, closing out the Santa Claus rally period with a steady, if unspectacular, performance. Dow Jones led last week, rising 0.66% $S&P 500(.SPX)$ gained 0.2% Nasdaq finished roughly flat, as weakness in some “Magnificent 7” stocks was offset by strength in semiconductors Investors are beginning to shift their focus from year-end momentum to what the 2026 landscape may hold, amid lighter holiday trading volumes. A Big Week for Jobs and the Fed Outlook After months of disrupted data caused by the government shutdown, economic releases are finally back on schedule, and the spotlight is firmly on the labor market. Key expectations: December nonfarm pa

A Quiet but Strong Finish to 2025 U.S. stocks wrapped up last week just shy of record highs as the Santa Claus rally continued to unfold. After five straight positive sessions, markets paused slightly on Friday, but the broader picture remained upbeat: $S&P 500(.SPX)$ : +2.3% for the week Nasdaq Composite: +2.5% Dow Jones: +1.6% With trading volumes light and volatility muted, Wall Street is entering another sleepy holiday week, but sentiment remains constructive as investors look ahead to the new year. Santa Claus Rally: Momentum Into Year-End Santa Claus The Santa Claus rally, typically covering the final five trading days of December and the first two of January, appears firmly in place. After a volatile year marked by tariff shocks and pol

Markets Extend Their Momentum U.S. stocks started the week on a positive note, building on last week’s strength and raising hopes of an early Santa Claus rally. Santa Rally Dow Jones: +0.5% $S&P 500(.SPX)$ : +0.6%, now just 0.3% below its Dec. 11 record high $NASDAQ(.IXIC)$ : +0.5% With major indexes hovering near all-time highs, investor confidence appears to be improving as the year winds down. Santa Rally Back in Focus The so-called Santa Claus rally, traditionally spanning the last five trading days of the year and the first two of the next (Dec. 24 to Jan. 5), is firmly back on investors’ radar. Market watchers suggest the trend favors further upside, potentially allowing stocks to close 2025 at

U.S. equity markets ended the week on a firmer note, extending a late-week rally that helped major indexes stabilize after recent volatility. While the gains were modest, the tone was constructive, with investors increasingly focused on cooling inflation, a supportive central bank backdrop, and the prospect of a broader market rally as 2025 draws to a close. The $S&P 500(.SPX)$ rose 0.9% on Friday, securing a small weekly gain of 0.1% and avoiding a second consecutive weekly decline for the first time since June. The Nasdaq Composite outperformed, climbing 1.3% on the day and 0.4% for the week, driven largely by renewed strength in technology stocks. $NVIDIA(NVDA)$