Traders send stocks to fresh highs in strong first week of 2026

Corporate Developments - Meta Platforms Inc. has agreed to a series of electricity deals to power its data centers, positioning itself as the largest buyer of nuclear power among its hyperscaler peers [8] - US-listed shares of Taiwan Semiconductor Manufacturing Co. have increased following the company's strong sales report for December [8] - Qualcomm Inc. shares have declined after Mizuho Securities downgraded the chipmaker from outperform to neutral [8] Market Reactions - Mortgage stocks surged after the president announced a directive for the purchase of $200 billion in mortgage bonds, benefiting companies like LoanDepot Inc., Rocket Cos Inc., and Opendoor Technologies Inc. [7] - Tariff-exposed stocks experienced declines after the Supreme Court did not issue a decision on the legality of President Trump's tariffs, with Deere & Co. dropping 2.54% and Mattel Inc. sliding 3.07% [5][6]