Stock Market Update
02-Jan-26 12:30 ET
Home furnishing names higher following tariff delay
Dow +142.02
at 48205.10,
Nasdaq -131.39
at 23110.63,
S&P +0.80
at 6846.29
[BRIEFING.COM] The S&P 500 (flat), Nasdaq Composite (-0.1%), and DJIA (+0.3%) trade in a relatively stable range just after midday.
Home furnishing names are posting solid gains following headlines that the White House has delayed tariff increases on upholstered furniture, kitchen cabinets, and vanities.
RH (RH 195.31, +16.16, +9.02%) leads the strength, while Wayfair (W 106.74, +6.33, +6.30%), Williams-Sonoma, Inc. (WSM 186.51, +7.92, +4.43%), and Ethan Allen (ETD 23.12, +0.28, +1.25%) also trade higher.
