Traders work at the New York Stock Exchange on Jan. 27, 2026.
NYSE
Major indexes bounced around on Tuesday as investor weighed a rush of earnings results. The Dow Jones Industrial average briefly touched a record.
The broad market index was little changed, while the Nasdaq Composite shed 0.4%. The Dow Jones Industrial Average rose 0.2%
Shares of Palantir jumped 5% after the defense tech company gave strong fourth-quarter financial results and upbeat guidance. Elsewhere, shares of Alphabet were about 1% higher ahead of its earnings results Wednesday, even as other tech stocks took hits.
In the healthcare sector, Merck was up more than 3% after the pharmaceutical firm posted fourth-quarter earnings and revenue that topped estimates on strong demand for its cancer immunotherapy Keytruda and some of its other products.
Silver and gold prices rebounded Tuesday after settling lower on Monday, with spot gold up 5% and spot silver up 9% on the day. Alongside the two metals coming under pressure in the prior day, bitcoin dropped to its lowest level since April, signaling investors’ decreasing appetite for risk. Gold and silver had also sold off hard on Friday.
Investors this week are digesting more than 100 S&P 500 companies reporting earnings results. In addition to Alphabet, fellow “Magnificent Seven” giant Amazon is slated to report later this week. Tech earnings will be in focus as investors look for signs of AI-driven efficiency and profit growth, particularly after the market’s unforgiving reaction to Microsoft’s results last week.
“The themes that have been driving risk assets higher — the Federal Reserve obviously not tightening rates, probably reducing rates a little bit more this year, the strong economy and profit backdrop and the tariff story not getting worse … you still have those tailwinds in place,” Solus Alternative Asset Management strategist Dan Greenhaus said Monday on CNBC’s “Closing Bell.” “The AI story is still driving markets.”
“I think when you put all of that together, you might get a little more volatile in February, but what’s driving the market is still there,” Greenhaus added.