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Early gains fade as Wall Street wobbles into 2026

Tech stocks led early gains on Wall Street but slid amid volatility and mixed news; the S&P 500 fell 0.1% after a 16% rise in 2025, with AI-focused firms key to market swings.

  • On Friday, U.S. stocks swung between gains and losses as investors began 2026 cautiously, with the S&P 500 Index finishing up 0.2% after intraday reversals while the Nasdaq composite fell 0.3%.
  • Big-Company results and tech swings eroded momentum, as Nvidia Corp. gained 1.3% while Alphabet Inc. and Microsoft Corp. fell, and Tesla Inc. missed delivery estimates amid rising Treasury yields.
  • Rising long-term yields and softer oil accompanied the stock swings as the 10-year Treasury yield rose to 4.18%, Brent crude fell to $60.13, U.S. crude dropped to $56.77, and Bitcoin climbed 1.8%.
  • Investors are eyeing next week's economic reports ahead of the Federal Reserve's late-January meeting as the S&P 500 Index comes off more than 16% gains and strategists warn on stretched valuations.
  • Regional gains contrasted with U.S. caution as analysts flagged a 4.20% threshold for the 10-year Treasury yield; markets in Europe and Asia rallied, with Britain, South Korea, Alibaba, and Baidu gaining.
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Early gains fade as Wall Street wobbles into 2026

Stocks wavered on Wall Street to kick off the new year with a wobbly start.

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WSLS broke the news in on Friday, January 2, 2026.
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