US Stocks Rise with Chipmakers Leading Gains as Copper Prices Hit All-Time High
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Source: NASDAQ.COM
- Strong Market Performance: The S&P 500 rose by 0.26%, the Dow Jones by 0.27%, and the Nasdaq 100 by 0.49%, reflecting growing investor confidence in economic recovery.
- Chip Sector Rebound: SanDisk surged over 22% and Western Digital over 12%, indicating a positive sentiment towards the data storage industry as demand increases.
- Copper Prices Soar: Copper prices reached an all-time high, boosting mining stocks with Hecla Mining up over 8%, reflecting strong market expectations for raw material demand.
- Economic Data Impact: Although the December S&P services PMI was revised down to 52.5, indicating signs of economic slowdown, the market remains optimistic about upcoming employment and productivity data.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
