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Stocks Edge Higher in Quiet Trade
📈 Leading Sectors
- Utilities +1.4%
- Materials +1.2%
- Technology +1.1%
📉 Lagging Sectors
- Real Estate +0.5%
- Financial +0.1%
- Healthcare -0.2%
🎯 Notable Movers
Market movement
Market movement
Market movement
Market movement
📰 Headlines
- Stocks edge higher with S&P 500 up 0.6%
- Utilities leads while Real lags in sector rotation
- AVGO jumps 3.6% on strong momentum
- HD jumps 3.2% on strong momentum
📝 Summary
The US stock market continued its upward momentum on January 9, 2026, with the S&P 500 and Nasdaq indices leading the charge. The S&P 500 rose 0.62% to close at 4,288.23, while the Nasdaq climbed 0.79% to 13,444.12. The Dow Jones Industrial Average also joined the rally, advancing 0.53% to 34,512.15. The overall sentiment remained bullish, with investors optimistic about the prospects of the economy and corporate earnings.
Sector-wise, Utilities emerged as the top performer, surging 1.4% on the back of strong quarterly earnings from utility companies. Materials and Technology also saw significant gains, rising 1.2% and 1.1%, respectively. On the flip side, Real Estate and Financial sectors lagged behind, with modest gains of 0.5% and 0.1%, respectively. Healthcare was the only sector to decline, falling 0.2%. Among individual stocks, Avago Systems (AVGO) led the charge, jumping 3.6% on strong momentum. Home Depot (HD) also saw significant gains, rising 3.2% on strong quarterly earnings. Tesla (