US Stocks Rise with Chipmakers Leading Gains as Copper Prices Hit All-Time High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Should l Buy ?
Source: NASDAQ.COM
- Strong Market Performance: The S&P 500 rose by 0.26%, the Dow Jones by 0.27%, and the Nasdaq 100 by 0.49%, reflecting growing investor confidence in economic recovery.
- Chip Sector Rebound: SanDisk surged over 22% and Western Digital over 12%, indicating a positive sentiment towards the data storage industry as demand increases.
- Copper Prices Soar: Copper prices reached an all-time high, boosting mining stocks with Hecla Mining up over 8%, reflecting strong market expectations for raw material demand.
- Economic Data Impact: Although the December S&P services PMI was revised down to 52.5, indicating signs of economic slowdown, the market remains optimistic about upcoming employment and productivity data.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
