Major Averages Mostly Unchanged on First Trading Day of 2026

The major averages were mostly unchanged near noon on the first trading day of 2026 with the markets looking to build on a strong 2025 despite a brief pullback at the end of December. The S&P 500 finished last year up 16%, marking a third consecutive year of double-digit gains. Precious metals remain near record levels after gold and silver posted big gains in 2025.Sentiment remains cautiously constructive, with traders watching early 2026 catalysts such as upcoming U.S. labor and inflation data, expected policy signals from the Federal Reserve and initial corporate earnings previews for clues about growth and monetary policy direction.Get caught up quickly on the top news and calls moving stocks with this midday Fly By.1. STOCK NEWS:Tesladeliveries of 418,227 vehicles and production of 434,358 vehicles in Q4President Trump hasfor furniture for another yearBaiduproposed aof the H shares of AI chip unit KunlunxinRivian9,745 vehicles in Q4, while Niodelivered 124,807 vehicles in Q42. WALL STREET CALLS:Vertivto Overweight at BarclaysApplewith a Market Perform at Raymond JamesBetterware de Mexicowith a Buy at Freedom CapitalCenovus Energywith a Buy at Goldman Sachs3. AROUND THE WEB:Microsoft-backedOpenAI is taking steps to improve its audio AI models, in preparation for its AI-powered personal device, which is expected to be largely audio-based, The Information reportsBrookfieldis planning to start its own cloud business to lease chips inside data centers directly to AI companies, The Information reportsDuring his last interview as CEO of Berkshire Hathaway, Warren Buffett said he believes the company is better positioned than any other to endure for the next century, CNBC saysSamsung'scustomers have praised the competitiveness of its next-generation high-bandwidth memory chips, or HBM4, saying "Samsung is back," co-CEO and chip chief Jun Young-hyun said in a New Year address, Reuters saysTSMCtold Reuters in a statement: "The U.S. Department of Commerce has granted TSMC Nanjing an annual export license that allows U.S. export-controlled items to be supplied to TSMC Nanjing without the need for individual vendor licenses"4. MOVERS:Denisonincreases in New York afterfor Phoenix in-situ recovery uranium mineSable Offshoregains afterthe company is closer to a restart than everBitfarmshigher in New York afterto sell Paso Pe site for up to $30MUiPathlower after beingSynovus in S&P 400 at open on 1/2/26XPeng (XPEV) falls after announcing itsfor December and FY255. EARNINGS/GUIDANCEIronwoodfor FY25 and provided guidance for FY26AAR Corp. (AIR)on January 6, 2026Penguin Solutionson January 6, 2026Angiodynamicon January 6, 2026INDEXES:Near midday, the Dow was up/down xxx, or xxx%, to xxx, the Nasdaq was up/down xxx, or xxx%, to xxx, and the S&P 500 was up/down xxx, or xxx%, to xxx.