Traders work on the floor of the New York Stock Exchange during morning trading on January 14, 2026 in New York City.
Michael M. Santiago | Getty Images
Stock futures rose on Thursday as major averages tried to recover from consecutive losses.
futures tied to Dow Jones Industrial Average It increased by 97 points (0.2%). S&P500 futures 0.3% increase; Nasdaq 100 futures It rose by 0.8%.
Semiconductor stocks led gains in early trading. taiwan semiconductor Reported another record quarter. Taiwanese cicadas rose 6%. micron technology It jumped 3%. Nvidia and AMD Each rose more than 1%.
goldman sachs Shares rose slightly by 0.2% after the bank beat profit expectations. morgan stanley The stock rose more than 1% following the results.
The move also comes after President Donald Trump signed a proclamation Wednesday imposing 25% tariffs on certain semiconductors. However, this levy does not apply to chips imported to help build the U.S. technology supply chain.
Wall Street posted another loss on Wednesday, weighed down by declines in tech stocks. Reuters reported on the same day, citing people briefed on the matter, that Chinese customs authorities told customs officials this week that Nvidia’s H200 chips were not allowed into the country.
Banks also underperformed on Wednesday, with Wells Fargo, Citigroup and Bank of America falling after reporting their results.
“The economy is relatively stable, underlying that corporate earnings remain relatively strong, and we continue to believe that 2026 will be truly driven by earnings rather than any compound expansion going forward,” Ayako Yoshioka, director of portfolio consulting at Wealth Enhancement Group, told CNBC’s “Closing Bell.”
Yoshioka added: “The hurdles are relatively high, at least at this level, and there may be some short-term disappointment compared to expectations, but the economic background is relatively stable, so we think all of this is a buying opportunity.”
President Trump’s proclamation weighs on stocks this week
Geopolitical risks weighed on investor sentiment this week.
Concerns about disruptions to oil supplies due to rising tensions between the United States and top OPEC member Iran pushed up oil prices. West Texas Intermediate crude oil futures rose more than 1% but fell after President Trump suggested he might not attack Iran.
Trump administration officials also met with the foreign ministers of Denmark and Greenland on Wednesday, as the president continues to push for U.S. control of Greenland. Denmark and President Trump had “fundamental differences” over Saudi ownership of Greenland, which were not resolved in talks, a Danish official said.
