The Morning Bull - US Market Morning Update Friday, Jan, 9 2026

US stock futures are slightly softer this morning, with S&P 500 contracts edging down about 0.1%, as investors focus on a cooling US jobs backdrop and strong global trade signals from Asia. Non-farm payrolls are expected to show around 60,000 new jobs in December, with unemployment at 4.5% and wages up 0.3% month on month, which effectively means pay is growing, but not rapidly. At the same time, Taiwan’s exports jumped 43.4% YoY in December, pointing to solid demand for tech hardware. The key question now is whether a softer US job market and firm global goods demand are good or bad news for rate sensitive sectors such as real estate and banks, versus growth focused tech names.

With jobs cooling and tech trade humming, use undervalued stocks based on cash flows before today’s pricing window tightens further.

Top Movers

• Bloom Energy (BE) jumped 12.81% after fresh analyst commentary on its AEP fuel cell agreement.
• Texas Pacific Land (TPL) gained 7.66%.
• Smurfit Westrock (SW) rose 6.71% after Morgan Stanley raised its price target to 4,000 GBp.

Is Texas Pacific Land still a smart investment or just hype? Read our most popular narrative and get all the answers you need.

Top Losers

• Regencell Bioscience Holdings (RGC) fell 21.67%.
• Ciena (CIEN) declined 13.14%.
• Lumentum Holdings (LITE) dropped 11.36%.

Yesterday's losers highlight how quickly sentiment can shift, so it can help to review your watchlist regularly and stress test positions with tools like Use our stock screener before the opening bell.

Look past the noise - uncover the top narrative that explains what truly matters for Ciena's long-term success.

On The Radar

Fed commentary and fresh inflation readings from India and Australia will set the tone for global rate expectations.

• US Federal Reserve: Fed Barkin speech on Monday, with traders listening for any hints on policy priorities.
• US Federal Reserve: Fed Williams remarks late Monday that may clarify how officials view recent labor market softness.
• India Inflation: December CPI on Monday, with a 1.4% forecast providing a read on emerging market price pressures.
• Australia Consumers: January Westpac confidence data Monday night, tracking how households are responding to higher borrowing costs.
• Japan External Balance: November current account on Monday night, offering a snapshot of trade and income flows into Japan.

Use our Portfolio or Watchlist features to track market-moving events like these and get alerts for the companies you own, free!

Don't Wait For The Winners, Find Them

Look past the usual headlines and focus on where consistent cash generation still matters most, because pricing windows do not stay open for long. Our dividend stocks with yields > 3% spotlight companies pairing current income with balance sheet strength and disciplined capital allocation.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.