U.S. stock futures traded mixed early Monday ahead of Big Tech earnings this week, including reports from Microsoft (MSFT), Meta Platforms (META), and Apple (AAPL). Electric vehicle (EV) maker Tesla (TSLA) will also announce its Q4 2025 results this week. Futures on the Nasdaq 100 (NDX) were down 0.06%, while futures tied to the S&P 500 (SPX) and the Dow Jones Industrial Average (DJIA) were up 0.02% and 0.03%, respectively, at 3:59 a.m. EST on January 26.
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Interestingly, gold touched a fresh all-time high, crossing $5,100 an ounce on Monday. The yellow metal extended its stellar run as investors favored the safe-haven asset amid geopolitical woes related to Greenland and Venezuela, as well as global volatility. Moreover, the trade tensions between the U.S. and Canada have resurfaced. U.S. President Donald Trump threatened to slap 100% tariffs on Canada if it signs a trade deal with China. However, Canadian Prime Minister Mark Carney said on Sunday that his country has no intention of entering into a free trade agreement with Beijing.
During Friday’s regular trading, the three major averages closed mixed. The Nasdaq Composite gained 0.28% while the S&P 500 ended the session with a modest rise of 0.03%. Meanwhile, the Dow Jones fell by 0.58%. Nevertheless, the three major indices ended the week in the red. The Dow Jones and S&P 500 declined 0.5% and 0.4%, respectively, while the Nasdaq Composite lost less than 0.1% last week.
All eyes are on key earnings reports from over 90 S&P 500 companies this week, including Microsoft, Meta Platforms, Apple, and Tesla. Other major earnings include reports from Boeing (BA), UnitedHealth (UNH), AT&T (T), International Business Machines (IBM), Starbucks (SBUX), ASML Holding (ASML), ServiceNow (NOW), Visa (V), Mastercard (MA), SoFi Technologies (SOFI), Exxon Mobil (XOM), and Chevron (CVX).
Investors will also focus on the U.S. Federal Reserve’s first policy decision of 2026 on Wednesday. While the central bank is expected to keep its overnight rate intact, traders will look for insights into the Fed officials’ plans for potential rate cuts ahead.
Meanwhile, the U.S. 10-year Treasury yield was down, floating near 4.205% at the time of writing. WTI crude oil futures were trending lower, hovering near $60.94 per barrel as of the last check. In contrast, the Gold Spot U.S. dollar price increased to over $5,097 per ounce as of writing.
Elsewhere, European indexes opened slightly positive today, as investors closely watched developments on the geopolitical front.
Asia-Pacific Markets Trade Mixed
Asia-Pacific markets traded mixed on Monday as traders assessed geopolitical concerns.
Hong Kong’s Hang Seng Index rose 0.06%. However, in China, the Shanghai Composite and Shenzhen Component closed lower by 0.09% and 0.85%, respectively. Also, Japan’s Nikkei fell 1.79%, while the Topix declined 2.13%.