On January 10, 2026, the S&P 500 Index is down 0.10%, while the Dow Jones is up 0.12% and the Nasdaq 100 is down 0.25%. U.S. retail sales in December surprising stagnated at 0.0% month-over-month, missing expectations of a 0.4% increase, potentially signaling weakness in consumer spending.
The Q4 Employment Cost Index rose by 0.7%, below the anticipated 0.8%, marking the smallest rise in 4.5 years. Markets are reacting to these reports, with the 10-year T-note yield falling to a three-week low of 4.14%. Over 50% of S&P 500 companies have reported Q4 earnings, with 79% exceeding expectations and projected earnings growth of 8.4% year-over-year.
This week, attention will be on upcoming corporate earnings and economic data, including January nonfarm payrolls projected to increase by 68,000 and an unchanged unemployment rate at 4.4%. Additionally, initial unemployment claims are expected to decrease by 7,000 to 224,000.
