How major US stock indexes fared Wednesday, 1/7/2026

How major US stock indexes fared Wednesday, 1/7/2026

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Wall Street’s strong start to the year slowed

Wall Street’s strong start to the year slowed.

The S&P 500 slipped 0.3% Wednesday for its first loss in four days. The Dow Jones Industrial Average dropped 0.9% from its own record set the day before, while the Nasdaq composite added 0.2%.

Some of the market’s sharpest drops hit industries that President Donald Trump targeted for criticism. Homebuilders fell after Trump suggested moves to prevent large institutional investors from buying single-family homes, in hopes of making it more affordable for people to buy houses. Crude oil prices fe

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