Intel stock jumped about 14% to a fresh record as a broader chip rally fueled by Apple’s report lifted semiconductor shares, with peers like AMD and Micron also posting gains and major indices climbing.
Asian shares rose on hopes that the Strait of Hormuz could reopen, keeping oil prices above $100 a barrel and sending Tokyo's Nikkei 225 up about 5.7%.
A broad market rally is being driven by short-covering in heavily shorted stocks, with Goldman Sachs’ basket up over 13% this week and S3 Partners estimating about $93 billion of shorts covered this month. While indices rise on hopes tensions with Iran may ease, gains are uneven across sectors. Earnings are expected to grow around 12% year over year, and a generally bullish SPY outlook suggests more upside if results come in strong.
While the S&P 500 closed above 7,100 for the first time in a broad rally driven by easing fears about Iran, inflation, and earnings, Berkshire Hathaway’s A and B shares lagged, slipping about 1% month-to-date and trailing the index by roughly 9.7 percentage points—its widest gap in 2026. Berkshire has fallen more than 12% since Buffett announced plans to step down as CEO at the end of 2025, though the company remains cash-rich and has resumed stock buybacks. With Berkshire’s annual meeting looming and a new comprehensive history of Buffett and Berkshire being released, investors are watching whether Buffett’s leadership continues to influence the stock’s performance.
U.S. stocks edged higher toward fresh records as oil prices cooled, boosting investor sentiment on a market awaiting earnings and data that could push major benchmarks to new highs.
U.S. equities jumped as the S&P 500 rose about 1% to around 6,954, trading near its all-time high of 7,002.28, helped by roughly 20 leading stocks fueling the move and supported by broad strength across large-cap names and related ETFs like SPY and VOO.
Japan’s Sanae Takaichi-led LDP won a sweeping supermajority, giving her latitude to push defense spending and tax policy; the yen firmed to about 156.9 per dollar and Tokyo stocks hit records. In U.S. markets, futures were higher and the Dow closed above 50,000 for the first time, with the S&P 500 and Nasdaq rising as tech stocks rebounded after a week of big losses totaling more than $1 trillion in market value. Other notes include a U.S.–India trade framework with agricultural access friction, Trump’s removal of a 25% tariff on Indian oil from Russia, Luckin Coffee opening its first high-end Shenzhen store, and SpaceX/xAI shaping Elon Musk’s path to a potential trillionaire fortune.
An investor says they’re scaling back their exposure to a stock that has benefited from Monday’s market rally, aiming to manage risk as markets push higher.
The stock market rally continues with the Dow and S&P 500 reaching new highs, several stocks like Amazon and Seagate flashing buy signals, while Tesla declines below its 50-day moving average; futures are modestly higher amid broad market strength and sector rotations.
European stocks rose broadly, with InPost surging 26.8% after receiving an indicative acquisition proposal, amid ongoing geopolitical developments and a positive market sentiment towards risk assets.
Energy stocks rose on hopes that President Trump will tap Venezuela's vast oil reserves following the capture of Nicolás Maduro, leading to a market rally and increased investor optimism about U.S. companies potentially returning to Venezuelan oil fields, despite long-term challenges and sanctions.
Eli Lilly shares are declining, possibly due to specific company or sector factors, while oil and financial stocks are experiencing a rally, reflecting mixed market movements on January 5, 2023.
Jim Cramer criticizes an analyst's positive call on Eaton and warns that the recent rally in oil stocks is driven by speculation rather than fundamentals.
U.S. stocks started the new year with gains, led by technology and AI-related stocks, snapping a four-day losing streak, though analysts advise caution due to thin trading conditions and potential short-term volatility amid optimistic long-term outlooks for 2026.
Precious metals, including gold, silver, platinum, and palladium, started 2026 strong following record-breaking gains in 2025 driven by geopolitical tensions, low interest rates, and increased demand, with gold reaching new highs and silver experiencing its best year on record.