Stock Market Summary – January 23, 2026

Today’s stock market saw shares rise notably extending the gains from the previous day as reduced geopolitical fears triggered a broad market rally. The Dow Jones Industrial Average progressed 306.78 points, closing at 49,384.01, as it recouped the losses incurred earlier in the week in the wake of President Donald Trump’s new Europe tariffs announcement. The S&P 500 also grew by 0.55% ending at 6,913.35 whilst the Nasdaq Composite grew by 0.91%, settling at 23,436.02. This was bolstered by the gains experienced by tech entities such as Nvidia, Microsoft, and Meta Platforms.

Despite pulling in modest gains for the week, leading U.S. indexes like S&P 500 and Nasdaq are still geared towards negative performances. The S&P 500 saw a loss of 0.4% while the Nasdaq slipped 0.3% week to date. Major companies, known as the Magnificent Seven, which consist of Amazon, Alphabet, Apple, Microsoft, Meta Platforms, Nvidia, and Tesla, have started the year rather slowly. However, CNBC’s Jim Cramer advises sticking with the entities, predicting handsome rewards for those who do so when other plays reach their peak.

In global news, President Donald Trump’s recent suggestions of potential military action in Iran impacted oil prices as fears of supply disruption increased. Despite Iran’s smaller production numbers relative to the likes of U.S and Saudi Arabia, market anxiety continues to grow as tensions escalate. Existing sanctions against Iran have already impacted their crude exports with most being bought by independent Chinese refiners at discounted prices.

Meanwhile, increasing financial pressures among the younger demographic are leading to a growing trend of adult dependence on parents. Around half of the parents surveyed are offering financial help to these young adults, which includes covering essential monthly expenses. The affordability crisis continues to plague the younger generation who despite being more educated and employed than their parents, are burdened by large student loans and ever-rising everyday expenses.

In real estate, the closure of a historic $465 million deal by Nuveen, for The Geneva, signifies a record in C-PACE financing. This type of financing differs from traditional bank loans and has seen vast growth over the past five years as more states pass policies approving these programs. Nuveen closed $2.1 billion in C-PACE loans across 53 deals in 2025 alone.

Elsewhere, a swing towards the live entertainment industry is being seen in India, fueled by the growing disposable incomes of India’s largely young, working-age population. An increased demand for live events, driven by the rising number of affluent households with disposable income to spend on experiences, has seen India’s live entertainment sector grow by 17% last year. Live events footfall across the country has also significantly risen, even in smaller cities.