Global Markets Weekly Update
Date: January 30, 2026
U.S. Market Overview
The S&P 500 Index advanced, surpassing 7,000 but retreated from its intraday high. Large-cap value stocks outperformed growth stocks, while small- and mid-cap stocks finished lower. The communication services and energy sectors led gains, while health care stocks saw the most significant pullback.
Economic Indicators
- Consumer Confidence: The Conference Board's consumer confidence index fell to 84.5, the lowest since May 2014.
- Jobless Claims: Initial claims were 209,000, slightly above expectations, while continuing claims dropped to 1.83 million.
- Durable Goods Orders: Orders rose by 5.3% in November, rebounding from a decline in October.
- Producer Prices: Increased by 0.5% in December, driven by service prices.
Federal Reserve Update
The Federal Reserve kept interest rates steady in the 3.50% to 3.75% range, with a 10-2 vote. The Fed's statement indicated a positive economic outlook, with inflation described as "somewhat elevated." President Trump nominated Kevin Warsh to chair the Fed, pending Senate confirmation.
Market Performance
| Index | Friday's Close | Week's Change | % Change YTD |
|---|---|---|---|
| DJIA | 48,892.47 | -206.24 | 1.73% |
| S&P 500 | 6,939.03 | 23.42 | 1.37% |
| Nasdaq Composite | 23,461.82 | -39.43 | 0.95% |
| S&P MidCap 400 | 3,437.32 | -49.40 | 4.00% |
| Russell 2000 | 2,613.74 | -55.42 | 5.31% |
Europe Market Overview
The STOXX Europe 600 Index rose by 0.44%, with mixed performances across major indexes. The Eurozone economy showed modest recovery, growing 1.5% in 2025, while consumer and business confidence improved.
Japan Market Overview
Japan's stock markets declined, with the Nikkei 225 down 0.97%. Concerns over AI spending sustainability and yen strength affected export-oriented companies. The upcoming lower house election is a focal point for investors.
China Market Overview
Mainland Chinese markets were little changed, with the CSI 300 Index up 0.08%. Many provinces set lower GDP growth targets for 2026, indicating a cautious outlook.
Other Key Markets
In Hungary, the central bank kept rates unchanged, citing balanced inflation risks. Brazil's central bank maintained the Selic rate at 15.00%, with potential for future rate adjustments depending on inflation trends.