US equities were mostly lower this week, though breadth was positive with equal-weight S&P outperforming the cap-weighted index by over 100 basis points. The market ended the week with no clear directional catalyst, though downside risks are still top-of-mind. In macro news, December’s core CPI came in cooler than expected.

US equities were higher in Thursday trading though stocks ended off best levels. AI sentiment underpinned by strong results and guidance (including big capex guide) from TSM (though still dispersion in the AI trade).

U.S. equities finished mostly lower, though off the worst levels of the session, as weakness in big tech and bank earnings weighed on the tape while small caps, equal-weight indices, and defensive sectors outperformed. Economic data was largely in line, Fed commentary leaned cautious, and geopolitical and policy uncertainty remained in focus, including tariffs, China technology restrictions, and developments related to Iran. Corporate headlines drove single-stock moves, with notable pressure in financials and select growth names, offset by strength in commodities-linked stocks following upgrades and higher price forecasts.

US equities were lower in Tuesday trading, though ended off worst levels. Today saw another rotation from tech toward cyclicals, and a rotation within tech trade itself away from software/AI adopters and into semis/AI enablers. December core CPI was cooler, though the data was noisy.

US equities were higher in Monday trading as stocks finished a bit off best levels. Stocks were higher and Treasuries and the dollar ended off worst levels as the market shrugged off this morning's cautious tone on the latest Trump threat to Fed independence, reversing a modest “sell America” trade at the open. No economic data on today's calendar, in macro news, but the Treasury auctioned $68B of 3Y notes and $39B in 10's

US equities were stronger in the first full week of 2026, with the Dow, S&P 500, and the Russell 2000 ending at fresh record highs. There was a lot of evolution regarding Venezuela in the week following the US capture of Nicolas Maduro. December nonfarm payrolls rose 40K, below the Street. December ISM manufacturing printed below consensus and remained in contraction for the tenth straight month.

US equities finished mostly higher in Thursday trading. Breadth was notably positive with equal-weight S&P outperforming the benchmark by more than 110 bp. Several dynamics in focus as market continues to wait for NFP, SCOTUS decision on IEEPA tariffs, start of Q4 earnings and Fed chair pick by President Trump.

U.S. equities finished mostly lower in Wednesday trading, closing near the worst levels of the session. Geopolitics and a heavy data slate dominated attention, though economic releases did little to shift Federal Reserve expectations. In corporate news, political commentary from President Trump drove sharp moves in defense and housing-related stocks and mergers and acquisitions remained a key source of support for select names.

U.S. equities finished higher in Tuesday trading, ending near session highs with the S&P 500 posting a fresh record close; its first since 24-Dec. A few dynamics were in focus today, with notable movers in both directions following Nvidia's CES keynote. Memory/storage and select semiconductor stocks were the big AI trade beneficiaries, while semiconductors more broadly were also supported by Microchip's guidance raise and a pro-cyclical rotation that defined Monday's session.

US equities closed higher in Monday trading, though ended a bit off best levels. Geopolitics dominated the headlines amid developments in Venezuela, but the impact on broader market sentiment was fairly muted. In macro news, December ISM manufacturing printed at 47.9, below the 48.7 consensus and November's 48.2