Weekly Market Overview:
January 5-9
January 5-9
The US stock market closed higher on Monday.
The Dow Jones surged 1.23%, the S&P 500 rose 0.64%, and the Nasdaq gained 0.69%. The US 10-year Treasury yield increased by 1.4 b.p. to 4.18%.
Gold futures advanced 0.56% to $4,476.50, while Brent crude slipped 0.24% to $61.61.
The KASE index jumped 1.35%.
Across the S&P 500 sectors, Basic Materials led the gains, while Utilities was among the sectors finishing in the red, with 3 of the 11 sectors closing lower.
The Dow Jones surged 1.23%, the S&P 500 rose 0.64%, and the Nasdaq gained 0.69%. The US 10-year Treasury yield increased by 1.4 b.p. to 4.18%.
Gold futures advanced 0.56% to $4,476.50, while Brent crude slipped 0.24% to $61.61.
The KASE index jumped 1.35%.
Across the S&P 500 sectors, Basic Materials led the gains, while Utilities was among the sectors finishing in the red, with 3 of the 11 sectors closing lower.
- Global stock markets continue to climb with Tokyo, Taipei and Seoul hitting new record highs while European indices are set to extend gains amid strong investor sentiment despite Venezuela political uncertainty.
- Oil prices initially rose on geopolitical tensions in Venezuela but failed to sustain gains as markets focused on macro data including European inflation and U.S. jobs figures.
- European stocks continued their record run with major benchmarks like the FTSE, DAX and STOXX 600 expected to extend gains as global equities press higher despite geopolitical tensions and focus turns to key macroeconomic data.
- Hedge funds are profiting from Venezuela’s political upheaval as the arrest of President Nicolas Maduro and expectations of U.S. involvement triggered a sharp rally in Venezuelan bonds, including defaulted PDVSA debt, amid growing hopes for restructuring and economic change.
- Warren Buffett’s handover of leadership at Berkshire Hathaway to Greg Abel has focused investor attention on how the company will deploy its record $380 billion cash pile, with analysts expecting continued adherence to Buffett’s value-driven philosophy and potential investments in infrastructure, energy and AI-related businesses.
A new fruit processing plant has launched in Kazakhstan’s Turkestan region, producing natural juices, purées and apple powder under the Ayim brand with capacity of up to 5,000 tonnes of apples per year, supporting local farmers and adding value to domestic agricultural output.
The US stock market closed higher on Friday.
The Dow Jones rose 0.48%, the S&P 500 gained 0.65%, and the Nasdaq advanced 0.81%. The US 10-year Treasury yield edged down by 0.2 b.p. to 4.17%.
Gold futures climbed 0.90% to $4,500.90, while Brent crude surged 2.35% to $59.12.
The KASE index increased 1.10%.
Across the S&P 500 sectors, Basic Materials led the gains, while Healthcare was among the sectors finishing in the red, with 2 of the 11 sectors closing lower.
The Dow Jones rose 0.48%, the S&P 500 gained 0.65%, and the Nasdaq advanced 0.81%. The US 10-year Treasury yield edged down by 0.2 b.p. to 4.17%.
Gold futures climbed 0.90% to $4,500.90, while Brent crude surged 2.35% to $59.12.
The KASE index increased 1.10%.
Across the S&P 500 sectors, Basic Materials led the gains, while Healthcare was among the sectors finishing in the red, with 2 of the 11 sectors closing lower.
- U.S. stocks hit record highs in the first trading week of the year as investors brushed aside concerns over President Trump’s tariff regime, with gains broadening beyond big tech into small-cap and blue-chip shares.
- OpenAI will invest $500 million in SB Energy, with SoftBank Group matching the amount to create a $1 billion funding round that supports renewable power, data centers, and the Stargate infrastructure initiative while deepening their strategic partnership.
- Meta Platforms Inc. agreed to a series of electricity deals for its data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers.
- Friday’s U.S. jobs report showed a mixed but slightly positive picture, with nonfarm payrolls rising by 50,000 in December and the unemployment rate falling to 4.4%, reinforcing expectations that the Federal Reserve will keep rates on hold in the near term.
- Market strategists said optimism around artificial intelligence is likely to persist into 2026, with JPMorgan Asset Management arguing that AI is not a bubble and that its profit impact will broaden across the economy.
Early-stage merger talks between Rio Tinto and Glencore, which could create the world’s largest mining group, are likely to put the planned sale of Glencore’s stake in Kazzinc on hold until greater clarity emerges on deal structure and strategic priorities, particularly as both firms pivot toward copper and weigh asset portfolios.