NASDAQ:PSKY News 22 January 2026

January 22, 2026, 1:35 PM EST. U.S. stock indexes advanced on easing geopolitical tensions and robust economic data. The S&P 500, Dow Jones Industrials, and Nasdaq 100 gained between +0.56% and +0.72% amid relief over the Greenland sovereignty issue and NATO assurances. Strength in chipmakers, AI infrastructure, and major tech stocks supported the rally. Solid U.S. economic reports included initial unemployment claims at 200,000 (lower than expected), an upward Q3 GDP revision to 4.4%, and November personal spending up 0.5%. The Fed's preferred inflation metric, core PCE, rose 0.2% month-over-month, in line with forecasts. Natural gas prices surged over 12% to three-year highs due to Arctic cold forecasts, boosting energy stocks. Market watchers are focused on tariff developments, the Fed Chair nomination, and Q4 earnings which so far show strong results, with 81% of S&P 500 firms beating estimates.