Stock indexes are up today, with the S&P 500, Dow Jones, and Nasdaq all showing gains. Chip makers and AI-infrastructure stocks are driving the market higher. President Trump’s plan to launch a strategic stockpile of critical minerals is boosting US rare-earth stocks. Signs of US economic strength are positive for corporate earnings.

The partial US government shutdown has investors on edge as they await a funding deal from the House. Energy producers are under pressure as WTI crude oil prices drop over 4%. Cryptocurrency stocks are retreating, with Bitcoin hitting a 9.75-month low. Weakness in China’s economy is bearish for global growth prospects.

This week, markets will focus on tariff news, earnings reports, and economic data. Q4 earnings season is in full swing, with positive results beating expectations. There’s an 11% chance of a rate cut at the next Fed meeting. Overseas stock markets are mixed, with European government bond yields also showing a mixed trend.

T-notes are down, with the 10-year T-note yield rising. European government bond yields are mixed. The Eurozone manufacturing PMI was revised slightly upward. Earnings reports for major companies are due this week. Stock movers include chip makers and AI infrastructure stocks, US rare-earth companies, energy producers, and cryptocurrency-exposed stocks.

Read more at Nasdaq: Stocks Gain on US Manufacturing Strength