Summary
Stocks in the U.S. showed mixed results as the markets opened in 2026, with technology stocks initially boosting gains that later faded. Major indices like the S&P 500 and Nasdaq saw slight declines, while the Dow Jones made a small gain. Global markets, particularly in Europe and Asia, experienced stronger growth, and technology stocks remain in focus due to advancements in artificial intelligence.
Key Facts
- The S&P 500 fell 0.1% after initially rising by 0.7%.
- The Nasdaq composite dropped by 0.3%.
- The Dow Jones Industrial Average gained 84 points, or 0.2%.
- European and Asian markets, including Britain and South Korea, made strong gains.
- Nvidia and Broadcom shares increased by 1.3% and 1.9%, respectively, while Alphabet and Microsoft saw declines.
- Tesla's stocks fell 0.6% following a second year of declining sales.
- Alibaba and Baidu's stocks rose significantly in Hong Kong, partly due to Baidu's plans to list its AI chip unit.
- Oil prices decreased with U.S. crude at $56.77 per barrel, while gold prices rose slightly.
- Treasury yields remained steady, with a slight rise in the 10-year Treasury yield to 4.18%.
- Upcoming U.S. economic reports could provide more insights into economic conditions for the Federal Reserve's next meeting.
