The S&P 500 Index is down 0.02%, the Dow Jones is down 0.36%, while the Nasdaq 100 is up 0.09% as of January 13, 2026. The February E-mini S&P futures are down 0.03%, but the Nasdaq futures are up 0.10%. Easing inflation concerns have led to a drop in bond yields; the 10-year T-note yield fell 2 basis points to 4.16%. US December core consumer prices rose by 2.6% year-over-year, below expectations of 2.7%.
WTI crude oil has risen over 1% to a 1.75-month high due to geopolitical tensions, with crude loadings at the Caspian Pipeline Consortium terminal halving to approximately 900,000 barrels per day. Credit card companies are experiencing declines following President Trump’s comments about capping interest rates at 10% for a year.
Looking ahead, October new home sales are projected to fall 10.6% month-over-month to 715,000. The Federal Reserve’s next meeting is set for January 27-28, with a 5% chance of a 25 basis point rate cut. Q4 earnings growth for the S&P is expected to rise 8.4%, and earnings excluding major tech stocks are expected to increase 4.6%.
