Market Overview - U.S. stock futures rose on Friday following a positive close on Thursday, with major benchmark indices showing higher futures [1] - Chip stocks performed well, particularly after Taiwan Semiconductor Manufacturing Co. reported a record quarter [1] - Financial stocks also rallied, with Goldman Sachs Group Inc. rising over 4% and Morgan Stanley increasing nearly 6% due to strong fourth-quarter profits [1] Index Performance - The following indices showed performance changes: - Dow Jones: +0.11% - S&P 500: +0.28% - Nasdaq 100: +0.47% - Russell 2000: +0.38% [3] - The SPDR S&P 500 ETF Trust was up 0.30% at $694.33, while the Invesco QQQ Trust ETF advanced 0.51% to $624.93 in premarket trading [3] Company Highlights - Chevron Corp. increased by 0.51% in premarket trading after announcing a final investment decision to expand the Leviathan reservoir's production capacity, targeting 21 billion cubic meters of natural gas annually by the end of the decade [7] - Paysafe Ltd. gained 2.20% following a strategic partnership with Pay.com to enhance transaction approval rates for global merchants [7] - J.B. Hunt Transport Services Inc. dropped 4.19% after reporting fourth-quarter revenue of $3.097 billion, slightly below estimates [7] - QXO Inc. declined 4.08% after announcing a $750 million common stock offering and reporting preliminary fourth-quarter net sales of $2.19 billion [16] - ImmunityBio Inc. shares surged 21.01% after announcing preliminary net product revenue for Anktiva of approximately $113 million for fiscal 2025, reflecting a 700% year-over-year increase [16] Economic Insights - Analysts maintain a bullish outlook for the U.S. economy in 2026, citing a robust 4.3% GDP growth rate in late 2025 [11] - Despite weak manufacturing, strength in services and consumer spending indicates positive economic indicators [12] - Analysts suggest focusing on long-term themes rather than daily market fluctuations, viewing the current environment as favorable for investors [13]
Stock Market Today: Dow Jones, S&P 500 Futures Gain Following Stellar Chipmaker Rally—Chevron, Paysafe, J.B. Hunt Transport In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga·2026-01-16 10:46