Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter.  There’s a simple reason stocks keep rising despite the storm of political uncertainty.

History makes it clear that a sizable stock market decline is expected in the presumed not-too-distant future. However, there's nothing in the 155 years of valuation data that suggests a stock market crash is imminent or that one will occur during President Trump's second year.

Banks and credit-card stocks dragged the Dow Jones Industrial Average and the S&P 500 lower on Tuesday, while December CPI inflation report showed inflation meeting expectations.

A surging stock market and a flurry of deal making padded the profits of Wall Street's two big investment banks, which both saw a double-digit jump in profits in the fourth quarter. Goldman Sachs's net earnings rose 12% from a year earlier,

Bank earnings start today, and consumer inflation data are due. Follow along for live updates on markets and the top finance, economics and business stories. Plus the latest on the Dow, S&P 500 and Nasdaq.

An outcry rang out from prominent figures within hours of reports that the Department of Justice had opened a criminal investigation into Federal Reserve Chair Jerome Powell. All of Powell’s living predecessors atop the Fed, as well as many Wall Street CEOs and members of Congress in both parties voiced alarm.

AI logistics moves, revenue growth, and valuation debates collide as investors reassess this superapp’s path, today, Jan. 15, 2026.

About 30 minutes after the market open, the Russell 2000 (+0.15%%) is out in front, briefly recovering some of its morning losses. However, it appears to be paling back. The Dow (-0.16%) has shared a similar trajectory of decline and recovery in the opening, but currently remains in decline on the day.