Powell Industries (POWL) stock jumps 11% to start 2026 as industrials rally; what investors watch next
NEW YORK, Jan 3, 2026, 19:45 ET — Market closed Powell Industries shares surged 10.6% in Friday’s session, the first U.S. trading day of 2026, ending at $352.52. The outsized move came in a market that closed mixed, with the S&P 500 and Dow edging higher as Treasury yields rose and holiday-thinned volumes kept trading choppy, according to Reuters. Reuters…