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U.S. Stocks Rise as Services Growth Slows Down

1/7/2026

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Summary

Story summary

U.S. stocks rose slightly on January 6, 2026, after data showed slower December services activity.
S&P Global reported services growth slowed to its weakest pace since April, with weaker new orders and hiring.
Tariffs' inflationary pressures may be peaking.
Oxford Economics projects that January will add 125,000 jobs, well above the 60,000 consensus.
The ISM services index is expected to fall to 52.0.

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Story summary

U.S. stocks rose slightly on January 6, 2026, after data showed slower December services activity.
S&P Global reported services growth slowed to its weakest pace since April, with weaker new orders and hiring.
Tariffs' inflationary pressures may be peaking.
Oxford Economics projects that January will add 125,000 jobs, well above the 60,000 consensus.
The ISM services index is expected to fall to 52.0.