Bonds & Stocks
Technology stocks rebounded on Thursday after Taiwan Semiconductor Manufacturing Co. revived confidence in the ability of artificial intelligence to drive outsized returns. Treasury yields rose. Nasdaq 100 futures swung from losses to a 1% gain.
Economy
Applications for US unemployment benefits unexpectedly fell last week to the lowest level since November, following weeks of holiday season volatility in the data. Initial claims decreased by 9,000 to 198,000 in the week ended Jan. 10, according to Labor Department data released Thursday. The figure was below all estimates in a Bloomberg survey of economists.
World
Germany’s economy grew for the first year since 2022 as a government spending spree helps the country overcome its lengthy industrial slump. Gross domestic product rose 0.2% in 2025 following two consecutive annual contractions.