Xinhua
03 Jan 2026, 05:45 GMT+10
NEW YORK, Jan. 2 (Xinhua) -- U.S. stock indices ended mixed on Friday, the first trading day of 2026, as Wall Street resumed activity following the New Year's holiday and built cautiously on the previous year's strong gains.
The Dow Jones Industrial Average rose 0.66 percent to 48,382.39. The S&P 500 added 0.19 percent to 6,858.47. The Nasdaq Composite Index edged down 0.03 percent to 23,235.63.
Eight of the 11 primary S&P 500 sectors closed higher, led by energy and industrials with advances of 2.09 percent and 1.88 percent, respectively, while consumer discretionary and communication services lagged, declining 1.14 percent and 0.38 percent.
Market participants expressed broad optimism for 2026, with most Wall Street forecasts tracked by Bloomberg anticipating a fourth straight year of equity gains, supported by resilient corporate earnings and expectations for gradual monetary-policy easing.
Semiconductor stocks provided support, with Nvidia gaining more than 1 percent and Micron Technology surging over 10 percent, extending their strong performance from 2025.
U.S.-listed shares of Chinese technology firm Baidu jumped 15.03 percent after its AI chip subsidiary, Kunlunxin, filed for an initial public offering in Hong Kong, reflecting growing investor interest in China's domestic semiconductor development.
Tesla fell 2.59 percent following the release of delivery figures for the fourth quarter of 2025 that fell short of analyst estimates, amid a broader slowdown in electric-vehicle demand after the expiration of federal tax credits.
Get a daily dose of Milwaukee Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Milwaukee Sun.
More InformationWASHINGTON, DC - U.S. President Donald Trump in a shock announcement has revealed the United States has abducted Venezuelan President...
PACIFIC GROVE, California: A 55-year-old woman whose body was found days after she had gone missing in a shark last week off the Northern...
GELSENKIRCHEN, Germany: Thieves drilled into a German bank vault in Gelsenkirchen and stole tens of millions of euros worth of property...
WASHINGTON, D.C.: U.S. Ambassador to NATO Matthew Whitaker said he doubted Russia's allegation that Ukraine attacked President Vladimir...
BERN, Switzerland (ANI) January 2: At least forty people have been killed, and 119 others injured in a non-arson fire at the 'Le Constellation'...
ABUJA, Nigeria: Two people were killed in a car accident in Nigeria's Ogun State on December 29 that also injured British former world...
WASHINGTON, D.C.: With the Trump administration focusing on fraud investigations against Minnesota's Somali immigrants, the FBI Director...
(Photo credit: Kamil Krzaczynski-Imagn Images) Looking to stamp a winning homestand, the Chicago Bulls host the reeling Charlotte...
(Photo credit: Michael McLoone-Imagn Images) Giannis Antetokounmpo scored 30 points and threw down a game-winning alley-oop slam...
(Photo credit: Michael McLoone-Imagn Images) Giannis Antetokounmpo scored 30 points and threw down a game-winning alley-oop slam...
(Photo credit: Matt Krohn-Imagn Images) Minnesota coach Niko Medved does not have to worry about giving a big pep talk to his team...
(Photo credit: Vincent Carchietta-Imagn Images) After sitting out Week 17 with a hairline fracture in his throwing hand, Minnesota...
