To The Moon

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. stocks finished the week little changed, posting a second consecutive weekly loss as geopolitical tensions faded into the background and investors prepared for a crucial stretch of Big Tech earnings. While equities struggled to gain traction, precious metals stole the spotlight, surging to record highs amid persistent uncertainty. On Friday, the $S&P 500(.SPX)$ closed flat, the Dow Jones Industrial Average fell 0.6%, and the Nasdaq Composite gained 0.3%. For the week, the S&P 500 slipped 0.4%, the Nasdaq lost 0.1%, and the Dow fell 0.5%. All three major indexes remain up more than 1% year to date. A Market Waiting for a Catalyst The much-discussed Greenland situation ended the week roughly where it began, leaving markets without a cle

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.