The first trading day of the US stock market in 2026 opens with a bang, and artificial intelligence remains the core engine of the rise.
The Nasdaq and S&P 500 slightly rose, while the Dow Jones experienced a minor pullback. Looking back at history, the Nasdaq's performance in January has consistently outpaced that of the Dow and S&P, with a significant advantage in cross-year market trends.
The semiconductor sector leads strongly, with Nvidia, Intel, and Micron Technology all rising collectively, and leading tech stocks following suit. However, Tesla saw a decline, with annual deliveries dropping again as a major drag.
The AI boom sweeps the global market, with the Hong Kong Hang Seng Index and South Korea's Composite Index both surging over 2%. The Korean index even set a new historical high, with sentiment spillover boosting low-weight chip indices, and the UK FTSE 100 breaking the 10,000-point barrier for the first time.
The Federal Reserve has initiated a monetary easing cycle, and the loosening of funds is likely to lead to a rebound.
Recently, if you short the market, be sure to have a defensive strategy!
