economy
January 12, 2026
Why this health-care stock isn't bouncing after preannouncing an earnings beat
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- The S&P 500 rose despite a Department of Justice investigation into Fed Chairman Jerome Powell.
- President Trump's proposal to cap credit card interest rates at 10% negatively impacted financial stocks like Capital One and Wells Fargo.
- Alphabet's market cap exceeded $4 trillion for the first time, boosted by Apple's integration of its AI model, Gemini.
- Danaher pre-announced better-than-expected results, though its stock saw a slight dip.
- Jefferies analysts recommend buying Nike, projecting it will become a 'dividend aristocrat' in 2026.
- Upcoming events include the start of fourth-quarter earnings season with reports from JPMorgan, Delta, and Bank of New York Mellon, and the release of the December Consumer Price Index.
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