Dow Gains Over 100 Points; Steel Dynamics Posts Downbeat Earnings

by | Jan 26, 2026 | General

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Monday.

Following the market opening Monday, the Dow traded up 0.33% to 49,259.65 while the NASDAQ gained 0.09% to 23,521.63. The S&P 500 also rose, gaining, 0.26% to 6,933.84.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Materials shares gained by 0.8% on Monday.

In trading on Monday, health care stocks dipped by 0.2%.

Top Headline

Steel Dynamics Inc (NASDAQ:STLD) reported downbeat earnings for the fourth quarter on Monday.

The company posted quarterly earnings of $1.82 per share which missed the analyst consensus estimate of $1.95 per share. The company reported quarterly sales of $4.414 billion which missed the analyst consensus estimate of $4.575 billion.

Equities Trading UP
           

  • Battalion Oil Corp (NYSE:BATL) shares shot up 379% to $6.13 after the company switched its gas processing partner and boosted production.
  • Shares of Brand Engagement Network Inc (NASDAQ:BNAI) got a boost, surging 196% to $48.79 following a strategic partnership announcement that has reinvigorated investor interest.
  • Gaxos.ai Inc. (NASDAQ:GXAI) shares were also up, gaining 76% to $1.97.

Equities Trading DOWN

  • Mingteng International Corp Inc (NASDAQ:MTEN) shares dropped 36% to $2.16.
  • Shares of CN ENERGY GROUP Inc (NASDAQ:CNEY) were down 35% to $0.52 after the company received Nasdaq Delisting determination for minimum bid price deficiency.
  • 60 Degrees Pharmaceuticals Inc (NASDAQ:SXTP) was down, falling 23% to $3.52 after dipping 10% on Friday.

Commodities

In commodity news, oil traded down 0.6% to $60.72 while gold traded up 1.8% at $5,068.50.

Silver traded up 8.1% to $109.565 on Monday, while copper rose 0.5% to $5.9770.

Euro zone

European shares were mixed today. The eurozone’s STOXX 600 fell 0.1%, while Spain’s IBEX 35 Index rose 0.4%. London’s FTSE 100 rose 0.1%, Germany’s DAX fell 0.1% and France’s CAC 40 fell 0.2% during the session.

Asia Pacific Markets

Asian markets closed mixed on Monday, with Japan’s Nikkei falling 1.79%, Hong Kong’s Hang Seng Index gaining 0.06% and China’s Shanghai Composite declining 0.09%.

Economics

  • The Chicago Fed National Activity Index climbed to -0.04 in November from a reading of -0.42 in October.
  • U.S. durable-goods orders rose 5.3% month-over-month in November following a revised 2.1% plunge in October and topping market estimates of a 3.7% increase.

Photo via Shutterstock