S&P, Dow Break Records: Would January Effect Last?
S&P 500 and Dow Jones both closed at record highs.
As January goes, so goes the year. When January closes positive, the S&P 500 is higher 89% of the time, with an average gain of 17% and an average maximum drawdown of 10.5%. When January is negative, average returns fall to -1.8%, with only a 50% hit rate and deeper market drawdowns.
How do you see 2026 unfolding?
Will U.S. equities continue to deliver double-digit gains, or lag behind other global markets?
Will AI leadership rotate toward memory stocks or SaaS companies?