NEW YORK, January 4, 2026, 07:53 ET — Market closed
Intercontinental Exchange, the owner of the New York Stock Exchange, last closed at $159.99 on Friday, down 1.2% on the day.
The decline leaves the NYSE parent starting 2026 on a softer footing, with investors turning their focus to whether next week’s U.S. data resets interest-rate expectations and market activity.
That matters for exchange operators because their transaction revenue is tied to how much investors trade. Clearing — the back-office process that guarantees both sides of a trade — can also benefit when volumes pick up.
On Friday, the Dow rose 0.66% and the S&P 500 gained 0.19%, while the Nasdaq slipped 0.03% as tech megacaps weighed. The 10-year Treasury yield ended at 4.191%, and “Today is kind of a holiday trading day, lighter volumes,” said Jed Ellerbroek, a portfolio manager at Argent Capital. 1
Other U.S. exchange operators also fell, with CME Group down 1.25%, Nasdaq Inc off 0.48% and Cboe Global Markets down 1.15%. ICE posted a third straight daily drop as about 2.1 million shares changed hands, below its 50-day average, and the stock sat about 15.5% under its 52-week high. 2
ICE operates NYSE’s cash equity venues and a large derivatives franchise, and it also sells market data and technology services to financial firms.
In periods of heavy macro news, higher volatility can lift trading volumes across futures and options, supporting exchange fee revenue. Quieter markets can do the opposite.
With U.S. markets shut for the weekend, attention shifts to Monday’s open and whether volumes rebound from holiday-thin conditions.
Before the next session, traders will track U.S. labor-market releases including the Job Openings and Labor Turnover Survey on Wednesday and the Employment Situation report for December on Friday. 3
For ICE, the next scheduled company catalyst is its fourth-quarter 2025 earnings conference call on Feb. 5 at 8:30 a.m. ET, according to the company’s event calendar. 4
Investors are expected to listen for management’s read-through on derivatives volumes, recurring data-services growth and the mortgage-technology business, which is sensitive to interest rates.
