Benzinga·2026-01-15 10:09Market Overview - U.S. stock futures rose on Thursday after a decline on Wednesday, with major benchmark indices showing positive movement [1] - The Nasdaq Composite fell 1% on Wednesday due to a 25% tariff on select semiconductor imports, overshadowing U.S. approval for exports to China [1] - The Supreme Court delayed its ruling on the legality of the tariff framework, contributing to ongoing tariff uncertainty [1] Treasury Yields and Market Projections - The 10-year Treasury bond yielded 4.15%, while the two-year bond was at 3.52% [2] - Markets are pricing a 95% likelihood that the Federal Reserve will keep interest rates unchanged in January [2] Index Performance - Dow Jones increased by 0.11%, S&P 500 by 0.36%, Nasdaq 100 by 0.75%, and Russell 2000 by 0.16% [2] - The SPDR S&P 500 ETF Trust (NYSE:SPY) rose 0.34% to $692.68, and Invesco QQQ Trust ETF (NASDAQ:QQQ) advanced 0.71% to $623.95 in premarket trading [2] Stocks in Focus - Goldman Sachs Group Inc. (NYSE:GS) was down 0.44% in premarket as analysts expect quarterly earnings of $11.65 per share on revenue of $13.79 billion [5] - Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) gained 4.46% after reporting a 35% profit surge for the fourth quarter, with net profit reaching T$505.7 billion ($16 billion) [5] - Applied Materials Inc. (NASDAQ:AMAT) rose 6% following an upgrade to 'Positive' from 'Neutral' by Susquehanna analyst Mehdi Hosseini, with a new price target of $400 [5] - Amazon.com Inc. (NASDAQ:AMZN) increased by 0.67% after AWS launched a new European Sovereign Cloud with a €7.8 billion ($9.1 billion) investment [5] - Calavo Growers Inc. (NASDAQ:CVGW) shares surged 12.93% despite downbeat fourth-quarter results, following Mission Produce's announcement to acquire Calavo at $27 per share [4] Analyst Insights - BlackRock maintains an optimistic outlook for the U.S. market, emphasizing solid economic growth and the transformative potential of artificial intelligence [10] - The firm notes that U.S. corporate earnings strength is broadening beyond the Magnificent 7, supporting their positive stance on equities [10] - BlackRock highlights a unique economic environment where mega forces are driving returns, favoring AI and cyclical sectors like industrials and materials [11] - The labor market is characterized as being in a "no hiring, no firing" stasis, which supports consumption without overheating [11] Upcoming Economic Data - Investors are anticipating initial jobless claims data, delayed U.S. import prices data, and manufacturing surveys [15]