Daily Market Insights - January 9, 2026
Today's market insights provide a brief overview of the latest trends and performance data from S&P Dow Jones Indices across various asset classes.
Market Overview
The S&P 500® was little changed as traders awaited macroeconomic data, including December U.S. non-farm payrolls. Energy stocks rose by 3.2%, marking their best day since April, while Information Technology fell by 1.5%, primarily due to a 2.2% decline in Nvidia.
Daily Leaders & Laggards
As we conclude the first week back from the Christmas break, we highlight the performance of various sectors:
- Metals & Mining industry saw an impressive return of 84% in 2025.
- Islamic finance ETFs linked to indices grew significantly, reaching USD 7.3 billion by October 2025.
- The newly launched S&P Israel 30 LargeCap Index is trading at a forward P/E of 14, which is attractive compared to other indices.
Historical Context
On this day, we reflect on the historical significance of income tax in Britain, introduced by Prime Minister William Pitt the Younger 227 years ago, which has shaped fiscal policy ever since.
Looking Ahead
As we move forward, market participants are keenly observing upcoming economic reports and potential shifts in monetary policy, particularly regarding interest rates and employment data.