The first week of January has been busy for the main Wall Street indices amid what happened with Venezuela, its impact on the price of oil, the latest employment data, a Supreme Court decision on the legality of Trump’s broad tariffs and the shift of sectors towards defense and energy companies. He DOW JONES Ind Average, S&P 500 y NASDAQ 100 they say goodbye upwards +0.48% to 49,504 points, +0.60% to 6,963 points and +1.09% to 25,783 points respectively.
The American stock market focused all its attention on Venezuela during the last five days. But it seems that the conflict could calm down, since Donald Trump has ruled out a second wave of attacks in the South American country regarding cooperation with the White House plans.
Additionally, Trump met with the world oil majors to discuss the fate of Venezuelan oil reserves.
He CES in Las Vegasdespite going unnoticed, has helped chip stocks rise after Donald Trump’s reaffirmation of his commitment to «return cutting-edge chip manufacturing to the United States» in a post on Truth Social, according to Yahoo Finance.
Tariffs are also the center at the close of the session pending the Supreme Court decision on their legality. According to Ben Werschkul, corresponsal and Washington the Yahoo Finance “The growing complexity of the US tariff landscape has been evident for months, but the start of 2026 offers a direct measure of the amount of additional paperwork US importers will need to manage a year after the arrival of Trump 2.0.
The benchmark for tariff complexity is the so-called tariff book (formally known as the Harmonized Tariff System of the United States), which is the central reference point for importers on what they must pay to the government.
The «basic» version for 2026 has just been published and has more than 4,500 pages. This is more than 100 pages more than last year and an increase of 800 pages from 2017, when Trump took office.
“This is just one indicator of the growing complexity, which also carries great uncertainty for businesses so far in 2026, as the Supreme Court assesses how much of this new maze of regulations will be legally acceptable.”
Regarding the economic data, the employment and unemployment dataas we said at the opening, did not meet analysts’ expectations. Both remaining below expectations.
With respect to the winning actions This Friday we find Intel (+10.15% to 45.60 dollars), Sandisk (+13.18% to $378.81) and Home Depot (+3.83% to $373.40)
Intel went up this Friday after the CEO Lip-Bu Tan meeting with Donald Trump on Thursday. The president left an interesting statement on his social network that served as an impetus for the signing: «I just finished an excellent meeting with the successful CEO of Intel, Lip-Bu Tan» and added that the US government is «proud» to be a shareholder of Intel according to Yahoo Finance.
The relevant news for Sandisk this week were statements by Jensen Huang, CEO of Nvidia, that the memory storage market «will likely be the largest storage market in the world, essentially housing the working memory of the world’s AIs.» After yesterday’s hard blow against technology companies, Sandisk says goodbye to the week on the rise.
For bullish momentum Home Depot we can cite the Piper Sandler analyst statementswho have seen improvements for the retail sector and the aforementioned firm will be one of the beneficiaries. They also noted that they expect an acceleration in remodeling trends and comparable sales growth in the first half of 2026, as the industry overcomes the forward demand obstacles of the COVID era, noting that home improvement will begin to overcome three years of declines in comparable sales in the first quarter of 2026 according to Investing.
On the side of losing stocks we have Strategy Rg-A (-5.53% to 156.56 dollars), Lululemon Athl (-5.27% to $201.06) and American Express (-1.93% to $375.65)
For a start, Strategy falls due to concerns that it could be revised or excluded from certain indiceswhich creates additional nervousness in traders and funds with index restrictions. For his part, the CEO of the company, Michael Saylorpointed out in X that “The index classification does not define us,” according to Yellow.
The actions of Mul
lulhemon They retreated in response to the Supreme Court decision to delay a ruling on tariffs.
Several retailers, including Lululemon, had sued the Trump administration for refunds if the tariffs were reversed, and investors were expecting a court decision today. While a decision is still awaited, it is unclear when it will occur.
Lululemon has been hit hard by the tariffs, and these adverse factors could have contributed to the decision to oust its CEO, Calvin McDonald, and the turbulence that has surrounded the company since then, as its founder, Chip Wilson, is fueling a proxy battle according to Yahoo Finance.
With respect to American Expressthere is no specific news, but it has been pointed out that the Warren Buffett’s departure at the helm of Berkshire Hathaway brought uncertainty about the changes that the new CEO, Greg Abel, could make. The Oracle of Omaha has a 22% shareholding of AMEX equivalent to 151.6 million shares. The same valued at $58.1 billion represents approximately the 18% of the total portfolio, according to Yahoo Finance.
Los Oil futures WTI they go up a +1.97% at $58.91 and the Brent +1.81% to $63.11.
He Oroin the same bullish rhetoric rises +1.15% to $4,511.
Bitcoin relegates a -0.61% to 90,341 dollars.
The pair EUR/USD falls a -0.20% a 1.1635.
The 10-year bond yield falls a -0.17% a 4.178 already 30 years and -0.76% a 4.821.