Stock Market Update
09-Jan-26 15:35 ET
Major averages look to lock in solid gains ahead of another busy week
Dow +260.40
at 49526.30,
Nasdaq +223.76
at 23703.80,
S&P +53.91
at 6975.36
[BRIEFING.COM] The major averages continue to chart session highs just before the close, well positioned to capture solid week-to-date gains in the first full trading week of 2026.
The market navigated several key developments today, including a better-than-feared December Employment Situation Report and discussions between the Trump administration and oil executives in regard to Venezuela.
Next week's action could prove just as eventful as investors look towards the December CPI release on Tuesday (Briefing.com consensus 0.3%) and the November PPI release on Wednesday (Briefing.com consensus 0.2%).
Additionally, the Supreme Court could rule on the legality of President Trump's IEEPA tariffs next Wednesday. Many analysts thought that ruling would come through today, as it was also a decision day, but the Supreme Court does not decide which cases they will rule on beforehand.
