The S&P 500 Index closed up 0.03% on January 26, 2026, while the Dow Jones Industrials Index fell 0.58%. The Nasdaq 100 Index saw a rise of 0.34%. Early market losses were mitigated by a rally in major technology stocks, notably with Intel’s shares plummeting over 17% following a negative forecast from CEO Lip-Bu Tan.
Key economic indicators released included the University of Michigan’s consumer sentiment index, which was revised upward to a 5-month high of 56.4, exceeding expectations of 54.0. The U.S. S&P manufacturing PMI for January slightly increased to 51.9, falling short of expectations of 52.0. Meanwhile, January inflation expectations were revised lower, indicating eased inflation concerns.
Internationally, overseas markets saw gains, with China’s Shanghai Composite up 0.33% and the Euro Stoxx 50 advancing 0.09%. In the commodities market, WTI crude oil rose over 2% amidst geopolitical tensions, lifting energy stocks. Mining stocks also rallied as gold, silver, and platinum reached new record highs.
