From the Desk - Economic Commentary
Brandon Casey, Member Strategies - 1/26/2026
U.S. stocks are higher to begin the week as investors prepare for a busy week of corporate earnings. Investors are also monitoring potential tariffs against Canada, which the president announced could happen over the weekend, if Canada reaches a trade deal with China. Canada denied any negotiations are taking place. Domestic stocks are coming off a losing week.
Looking at economic data today, durable goods orders rose 5.3% in the delayed November report, above expectations of 4.5%. Orders were down 2.1% the previous month. Excluding transportation, orders were up just 0.5% for the month. Core capital goods orders, which most closely resemble the business investment component of GDP, were up 0.7% for the month.
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