Friends

So far, so good. Stocks continue to climb in 2026. Yes, it’s early, but the bulls have to be pleased with direction. For the most part, the tech trade seems back on, but we are seeing participation in other areas too. But we won’t try to identify any particular trend just yet.

By the close, the Dow Jones Industrial Average was up 484 points to finish the day at 49,462. The S&P 500 was up 42 points to close at 6,944. The Nasdaq Composite Index was up 151 points to close at 23,547. Gold was up $49 to trade at $4,501 per ounce, while oil was down $1.30 to trade at $57.02 per barrel WTI.

We are coming into an earnings season shortly and we will be getting a lot more economic data in coming weeks so we’ll see if the bulls can build on this good move out of the starting gate. Stay tuned.

Have a nice evening everyone.