In the early morning hours of January 17, 2026, Beijing time, the three major U.S. stock indices closed collectively lower. The Nasdaq and the S&P 500 both fell by 0.06%, while the Dow Jones Industrial Average dropped by 0.17%. Chip stocks generally rose, with the Philadelphia Semiconductor Index climbing 1.15%, and Micron Technology surging more than 7%. On a weekly basis, the Dow Jones, Nasdaq, and S&P 500 fell by 0.29%, 0.66%, and 0.38%, respectively, while the Philadelphia Semiconductor Index rose by a cumulative 3.78%.
