The Strength of the Market is: Strong
- hyggeadvisors
- Jan 5
- 1 min read
Stocks were lower last week with Friday being the first trading day of 2026. For 2025, technology was the best trade as investors continued to pile into Artificial Intelligence stocks. Last year, the Nasdaq was up more than 20%, the S&P 500 gained roughly 16% and the Dow Jones advanced 13% - all hitting record highs last year. Looking forward to 2026, Wall Street strategists expect another good year, with an average target of gains of 11.4% for the S&P 500. In addition, over the weekend, U.S. military forces captured Venezuelan President Nicolas Maduro and his wife during an attack on their nation. American authorities said Saturday morning that the couple had been indicted in New York on drug-trafficking charges. So far, investors have seen little market risk from the Venezuela action, with oil shares surging.
Economic reports from last week came back mixed:
•Pending Home Sales - higher than expectation
•Jobless Claims - lower than expectation
This week, investors will look for guidance from economic reports like Vehicle Sales, Employment, Labor Productivity, Consumer Credit, Housing, Consumer Sentiment and Jobless Claims.
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