NEW YORK, January 19, 2026, 09:32 ET — The market has closed.
- Apple shares dipped roughly 1% in Friday’s close, just before a holiday-shortened week.
- Nasdaq 100 futures dipped Monday, hit by new tariff threats that weighed heavily on big tech stocks.
- Investors are now turning their attention to Apple’s quarterly results, set for release on Jan. 29.
Apple shares are set to reopen Tuesday, following a roughly 1% drop in the previous session as investors digest a risk-off mood in global markets and brace for the upcoming earnings report from the iPhone giant.
U.S. stock markets are closed Monday in observance of Martin Luther King Jr. Day, pushing traders to gauge sentiment from futures and international markets. 1 https://www.marketwatch.com/story/is-the-stock-market-open-on-mlk-day-does-the-post-office-deliver-mail-00591917
Apple’s role as a major component of the S&P 500 and Nasdaq means its earnings report carries outsized influence. Investors are bracing for the results with expectations already baked in, leaving scant room for unexpected news. 2 https://www.nasdaq.com/market-activity/stocks/aapl/earnings
Apple closed Friday at $255.53, slipping $2.72 from Thursday’s finish. That puts its market cap near $3.0 trillion, based on LSEG figures.
Nasdaq 100 futures slipped 1.25% in after-hours trading, reflecting concerns after President Donald Trump threatened to impose higher tariffs on European nations involved in a dispute over Greenland, according to a Reuters report. 3 https://www.reuters.com/business/us-big-tech-stocks-fall-europe-after-trump-tariff-threats-2026-01-19/
During European hours, U.S. tech giants Alphabet, Nvidia and Microsoft dropped over 2%, deepening the sector’s slump. 3
Stephen Innes from SPI Asset Management flagged the tariff threat as a factor casting doubt on how stable capital inflows into U.S. assets really are, describing it as “a slow rebalancing story.” 4 https://apnews.com/article/stocks-markets-trump-greenland-earnings-df4db0546f46195d477e0306c830abf9
Apple’s immediate focus is on its upcoming earnings report, scheduled for Jan. 29 after the market closes, according to the Nasdaq earnings calendar. 2 https://www.nasdaq.com/market-activity/stocks/aapl/earnings
Investors usually zero in on iPhone and Services results, margins, and buybacks, looking closely for any hints of changing demand in crucial markets. These specifics often carry more weight than the headline revenue, especially when the stock’s already priced for steady growth.
Risks run in both directions. A steep selloff sparked by trade news might drown out individual company details on Tuesday. And if earnings reveal cautious signals on demand or costs, investors could start doubting the growth potential behind a $3 trillion valuation. 3
Traders aren’t just focused on Apple. They’re also eyeing the next PCE price index from the Commerce Department, set for release on Jan. 22, per the Bureau of Economic Analysis. 5 https://www.bea.gov/data/personal-consumption-expenditures-price-index
The U.S. cash market reopens Tuesday, setting the stage for Apple’s earnings report on Jan. 29. 2
