2026 01/12 - 01/16. Wall Street faces volatility as earnings season unfolds; record highs for precious metals amid crude oil fluctuations

This week’s edition of Wall Street Week highlights a period marked by significant volatility, where political uncertainty surrounding the Federal Reserve and rising Treasury yields have put pressure on record-high stock prices.The main financial news focuses on the onset of earnings season, which revealed mixed results from the banking sector. The weekly indexes performance updates for the S&P 500, Nasdaq, and Dow Jones indicate a shift from aggressive momentum investing to a more cautious approach centered on valuations.In the commodities market, precious metals reached all-time highs, while crude oil prices experienced fluctuations due to evolving diplomatic strategies in the Middle East.Looking ahead, upcoming economic events, including the World Economic Forum and pivotal GDP data, are set to guide investors in preparing for future market trends.|-------|* S&P.* 01/12 Mo 6,977.27* 01/13 Tu 6,963.74* 01/14 We 6,926.60* 01/15 Th 6,944.47* 01/16 Fr 6,940.01|---|* Nasdaq.* 01/12 Mo 23,733.90* 01/13 Tu 23,709.87* 01/14 We 23,471.75* 01/15 Th 23,530.02* 01/16 Fr 23,515.39|---|* DJI.* 01/12 Mo 49,590.20* 01/13 Tu 49,191.99* 01/14 We 49,149.63* 01/15 Th 49,442.44* 01/16 Fr 49,359.33|-------|* 2-yr T Bond %.* 01/12 Mo 3.547* 01/13 Tu 3.528* 01/14 We 3.514* 01/15 Th 3.564* 01/16 Fr 3.599|---|* 10-yr T Bond %.* 01/12 Mo 4.187* 01/13 Tu 4.171* 01/14 We 4.14* 01/15 Th 4.16 * 01/16 Fr 4.231|-------|* S&P ROC %. * 01/12 Mo 0.158* 01/13 Tu -0.194 * 01/14 We -0.533 * 01/15 Th 0.258 * 01/16 Fr -0.064|---|* VIX. * 01/12 Mo 15.12 * 01/13 Tu 15.98 * 01/14 We 16.75* 01/15 Th 15.84 * 01/16 Fr 15.86|---| * Shiller PE. * 01/12 Mo 41.01* 01/13 Tu 40.92 * 01/14 We 40.72* 01/15 Th 40.83 * 01/16 Fr 40.80|-------|* BCOMENTR. * 01/12 Mo 63.7661* 01/13 Tu 65.289* 01/14 We 65.1154* 01/15 Th 62.9087* 01/16 Fr 63.4323|---|* BCOMINTR. * 01/12 Mo 435.35* 01/13 Tu 434.56 * 01/14 We 440.39 * 01/15 Th 438.44* 01/16 Fr 426.64|---|* SPGSAG. * 01/12 Mo 348.01* 01/13 Tu 346.46 * 01/14 We 346.26* 01/15 Th 345.72 * 01/16 Fr 349.02|---|* SPGSPM. * 01/12 Mo 6,305.42* 01/13 Tu 6,306.96* 01/14 We 6,406.74* 01/15 Th 6,401.22* 01/16 Fr 6,331.33|-------|* WTI Crude Oil. * 01/12 Mo 59.50* 01/13 Tu 61.15 * 01/14 We 62.02* 01/15 Th 59.19* 01/16 Fr 59.44|-------|* Major Economic Events.* 01/19. MLK Jr. Day (Closed).* 01/19. IMF World Economic Outlook.* 01/19-23. World Economic Forum (Davos). * 01/19. China Q4 GDP & Industrial Data. * 01/20. Bank of Japan (BoJ) Meeting.* 01/22. U.S. Q4 GDP (Advance Estimate).* 01/22. U.S. Core PCE (Nov/Dec Update).* 01/23. Global Flash PMIs (Jan).|-------|* Key Earnings Releases.* 01/20. Netflix (NFLX), 3M (MMM), United Airlines (UAL), D.R. Horton (DHI).* 01./21. Johnson & Johnson (JNJ), Procter & Gamble (PG), Charles Schwab (SCHW).* 01/22. Intel (INTC), Intuitive Surgical (ISRG), Abbott Labs (ABT), Freeport-McMoRan (FCX).* 01/23. Schlumberger (SLB), Booz Allen Hamilton (BAH), Comerica (CMA).|---|The complete audio transcript will be accessible at the following link: https://wallstreetweek.substack.com/ when it becomes available.