The S&P 500 Index is up 0.55%, the Dow Jones is up 0.20%, and the Nasdaq 100 is up 1.00% as of today. Notably, Taiwan Semiconductor Manufacturing Co (TSMC) has boosted market confidence by forecasting stronger Q1 sales and increasing its 2026 capital expenditure projection to $52 billion-$56 billion, up from $40.9 billion in 2025.
U.S. weekly initial unemployment claims fell by 9,000 to a six-week low of 198,000, better than the expected increase to 215,000. The January Empire State manufacturing index rose to 7.7 from 1.0, and the Philadelphia Fed’s business outlook survey increased to 12.6, significantly exceeding the -1.4 expectation.
In broader economic context, easing geopolitical risks in Iran have positively influenced stock markets, with WTI crude oil prices dropping over 4%. Market analysts are also focusing on upcoming manufacturing production data and the FOMC meeting scheduled for January 27-28, where rates are projected to remain stable.
