Benzinga·2026-01-13 10:28Market Overview - U.S. stock futures declined on Tuesday after a positive close on Monday, with major benchmark indices trading lower [1] - Wall Street expects the annual inflation rate to remain stable at 2.7% in December, with a monthly pace of 0.3% [1] Treasury Yields and Federal Reserve Outlook - The 10-year Treasury bond yielded 4.19%, while the two-year bond was at 3.55% [2] - Markets are pricing a 95% likelihood of the Federal Reserve keeping interest rates unchanged in January [2] Index Performance - Dow Jones decreased by 0.13%, S&P 500 by 0.12%, Nasdaq 100 by 0.19%, and Russell 2000 by 0.22% [3] - SPDR S&P 500 ETF Trust (SPY) was down 0.019% at $694.53, and Invesco QQQ Trust ETF (QQQ) declined 0.12% to $626.40 [3] Stocks in Focus - Alphabet Inc. (GOOG) rose 0.68% to reach a market value of $4 trillion amid the AI boom [8] - Xpeng Inc. (XPEV) dropped 2.63% despite announcing plans for localized supply chain teams in Europe and ASEAN by 2026 [8] - Five9 Inc. (FIVN) increased by 0.36% after expanding its partnership with Google Cloud [8] - JPMorgan Chase & Co. (JPM) was up 0.31% ahead of expected fourth-quarter earnings of $4.92 per share on revenue of $46.02 billion [8] Economic Insights - LPL Financial maintains a bullish outlook for 2026, anticipating continued double-digit earnings growth driven by a resilient U.S. economy [11] - Technology and AI are expected to be primary growth engines, with the "Magnificent Seven" projected to drive over 60% of S&P 500 earnings growth in Q4 [12] - LPL believes that fiscal, regulatory, and monetary policies will support corporate profits in 2026 [13] Commodities and Global Markets - Crude oil futures fell by 2.19% to around $60.62 per barrel [14] - Gold Spot fell 0.22% to approximately $4,586.67 per ounce, with Bitcoin trading 1.57% higher at $92,154.63 per coin [17]