S&P 500, Dow hit closing record highs; Walmart, tech climb
Mon January 12, 2026 4:44 PM
With the Trump administration threatening to indict Jerome Powell, all three indexes started in the red this morning but with Walmart announcing it will switch from the Dow to Nasdaq this month, all three indexes got a nice little boost with all three closing in the green. Tech did better than the other what with Q4 forecasts for the tech sector being an astounding 26.5% year-on-year. S&P earnings overall are seen climbing some 8.8%.