"The combination of no Santa Claus rally, the market shrugging off the capture of Venezuelan dictator Maduro, then embracing the action, plus some big pent-up money sitting on the sidelines, all helped to propel stocks dramatically higher on Monday. With a slew of economic data and fourth-quarter earnings (expected to be solid) on the way, investors may be resetting portfolios for the first quarter and beyond."
"After a rough day on Friday, buyers returned to the Treasury market on Monday, driving yields down across the curve. Traders and analysts noted the strength on Monday was primarily due to surprisingly weak U.S. manufacturing data (ISM report) and bullish option trades betting on lower yields, alongside ongoing global factors like Bank of Japan policy shifts and market anticipation of future Federal Reserve actions and strong economic data. The 30-year bond closed at 4.84%, while the benchmark 10-year note finished at 4.16%."
Stocks surged to open the first full trading week of 2026, with the Dow up 1.23%, the S&P 500 up 0.64%, the Nasdaq up 0.69%, and the Russell 2000 rising 1.58%. Small- and midcap names attracted attention as potential outperformers after lagging in prior years. Treasury yields fell across the curve following surprisingly weak U.S. manufacturing (ISM) data and bullish option activity, with the 30-year at 4.84% and the 10-year at 4.16%. Brent and WTI crude rose about 1.7% on Venezuelan developments, while natural gas fell 2.63% to $3.52.
Read at 24/7 Wall St.
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