Stocks Surge, Tech Shines, Job Data Eyed
Update: 2026-01-04
Description
Stocks surged to close the holiday-shortened week, with the Dow Jones Industrial Average leading the charge, climbing 319 points to 48,382. The S&P 500 edged up 0.2%, while the Nasdaq stayed nearly flat. Investors kicked off the new year with a focus on the 2026 outlook, eyeing key jobs data due Friday. The S&P 500 rose over 16% in 2025, and the Nasdaq jumped more than 20%. Looking ahead, strategists forecast the S&P 500 could climb another 10% in 2026, but questions linger about tech and AIs staying power. This week brings a packed economic calendar, including ISM manufacturing, ADP payrolls, and the big jobs report. Earnings stay light with names like Constellation Brands and Albertsons reporting, as big banks gear up in two weeks. All eyes on Fed rate bets, holding at an 85% chance of no change this month. Checkout Solipillow.com
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