U.S. equity markets continued their positive momentum Tuesday, wiht the Dow Jones Industrial Average posting significant gains amid a broader shift toward risk-on investing. The rally comes as investors anticipate a busy week of corporate earnings reports from S&P 500 companies, including tech leaders Amazon and Alphabet. However, the ongoing federal government shutdown is now impacting economic data releases, creating uncertainty around key indicators like the January employment report-originally scheduled for release this Friday.
The Dow Jones Industrial Average surged over 100 points in trading today, continuing a strong upward trend from the previous session.
As of 9:46 PM Thai time, the Dow was up 143.86 points, or 0.29%, to 49,551.52.
Yesterday saw the Dow close with gains exceeding 500 points, as investors moved away from assets like gold, Bitcoin, and oil, opting instead to invest in equities. This shift suggests a renewed appetite for risk in the market.
This week, earnings reports from over 100 companies within the S&P 500 are expected to be released, including those of tech giants Amazon and Alphabet, which will likely drive market sentiment.
However, the release of key economic data has been disrupted. The U.S. Bureau of Labor Statistics (BLS) announced that its scheduled release of the January employment report will be delayed due to the ongoing government shutdown.
“The January 2026 Employment Situation report will not be released as scheduled on Friday, February 6, 2026. A revised release date will be announced once normal government operations resume,” stated Emily Liddell, Deputy Commissioner of the BLS, in a formal announcement.
Analysts had predicted a gain of 67,000 jobs in January, following an increase of 50,000 jobs in December. The unemployment rate was projected to remain steady at 4.4% for the month.
By Kongkiat Korveerkitti