Trump Accelerates the Desire for Greenland – Defense Budget Set to Rise to $1.5 Trillion – Jobs Report Eagerly Anticipated – Bloom Energy on the Rise Thanks to AEP Fuel Cell Deal – Meta's Acquisition of Manus under Regulatory Scrutiny – Glencore and Rio Tinto Begin Acquisition Talks – Chevron Faces Competition for Export Licenses – GM Reports $7.1 Billion Write-Offs – Aehr Test Systems Receives Orders Worth $5.5 Million
Reading Time: 8 minutes
On Thursday, January 8, 2026, the US stock market presented an exciting but mixed picture. The Dow Jones was able to continue its strength from the previous week, closing with a solid gain of about 0.6% at around 49,266 points, supported by strong price increases in classic Old Economy stocks like Home Depot, Merck & Co , and Honeywell , which gained ground after moderate earnings announcements and robust sector data, bolstering investor confidence in cyclical values. The S&P 500 struggled to break out of its sideways movement despite...
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