Overview
The U.S. stock market witnessed a mixed day with a clear rotation of funds towards energy and consumer sectors, away from tech stocks. While the Nasdaq saw weakness, defense and small-cap stocks showed strength, reflecting notable shifts in market focus.
| Nasdaq Composite | S&P 500 |
| Dow Jones Industrial Average | 1 South Korean won equals |
Major News
- Tech stocks' weakness contrasts with defense and small-cap stocks' strength.
- Trump’s defense spending hike boosts defense stocks.
- Small-cap index hits an all-time high.
- Focus shifts to December non-farm payroll report.
Tomorrow's Economic Indicators
| Announcement Time | Details |
|---|---|
| 10:30 PM | U.S. Non-farm Employment for December |
| 10:30 PM | U.S. Unemployment Rate for December |
| 10:30 PM | U.S. Housing Starts for December |
| Midnight | Michigan Inflation Expectations |
| Midnight | Michigan Consumer Sentiment Index |
| 12:35 AM | Fed Governor Parkin's Speech |
General Opinion
Despite the tech sector's weakness, there is a noticeable fund movement towards energy, consumer goods, and small-cap stocks. Trump's defense spending increase has positively impacted defense stocks. Investors are now focused on the upcoming December non-farm payroll report, with geopolitical tensions and tariff issues still affecting the market dynamics.
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daily stock summary
